Oasis Leasing launches initiative to tap regional markets

Senior Oasis executives are currently touring selected countries in the region to hold exploratory meetings with public and private sector players.

The Oasis team is visiting Bahrain, Jordan, Yemen and Oman in the Middle East and will also visit selected North African countries as part of the tour. At these meetings, Oasis will brief companies and government agencies about leasing and other financing solutions which are the company's current focus areas.

Salem Rashid Al Noaimi, Acting CEO of Oasis, said the leasing sector is poised to emerge stronger in the region, spurred by ongoing developmental activities and strong economic growth. "Oasis Board of Directors and management have redefined the company's business strategy to take advantage of the opportunities in the region. We intend to be more active in both the regional and international markets," he said.

"Oasis wants to become a strategic partner for public and private sector companies in the region that are implementing major projects in aviation, infrastructure and shipping. We feel that the best way to position ourselves is to create more awareness about the range of leasing and finance options that we offer,"

he added.

Al Noaimi explained that the Middle East aviation sector is expanding rapidly as the region's economic growth and business opportunities boost air travel and lead to the establishment of new airline companies, including budget airlines in the region. "The potential for aviation leasing and financing opportunities was never as strong as now," he said.