AJI Rentals owner in Dubai IPO

Murray Pollok Managing Editor, IRN & Director of Content, KHL

22 October 2025

Dubai-based engineering group ALEC Holdings – owner of multiple construction businesses including rental company AJI Rentals - completed a successful IPO on the Dubai Financial Market in September.

It was the largest construction industry flotation in Dubai, raising AED 1.4 billion (US$381 million) through the sale of 1 billion…

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Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
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