PEAX Equipment Rental

GFH Financial Group (GFH) has announced that it has completed the acquisition of a majority stake in Byrne Equipment Rental one of the GCC s leading industrial services and equipment rental providers with an investment and capex programme valued at approximately 400 million. The company is strategically positioned to support the region s rapidly growing project and infrastructure landscape. Founded in 1992 in Dubai UAE Byrne has evolved into a major regional operator offering a comprehensive one-stop-shop rental model with a fleet of approximately 16 000 units. The company operates through 14 offices and a network of depots across the UAE Saudi Arabia Oman and Bahrain spanning more than 153 000 sq m. This includes its flagship Jubail depot one of the largest logistics and operations hubs of its kind in Saudi Arabia. The company has consistently delivered steady growth in profitability having achieved approximately 20% growth last year and is strongly positione...

Byrne Equipment Rental one of the Middle East s leading equipment rental companies has been recognised as an ADIPEC Impact Champion 2025 honouring exhibitors that best embodied this year s theme: Energy. Intelligence. Impact. Among more than 2 000 global exhibitors only a select few fewer than 20 received this distinction. Byrne Equipment Rental s recognition highlights how a regional company powered by local intelligence and guided directly by leadership can deliver results on par with the industry s largest players said a statement. img src= data:image/jpeg;base64 /9j/4AAQSkZJRgABAgAAZABkAAD/7AARRHVja3kAAQAEAAAAMgAA/ 4ADkFkb2JlAGTAAAAAAf/bAIQACAYGBgYGCAYGCAwIBwgMDgoICAoOEA0NDg0NEBEMDg0NDgwRDxITFBMSDxgYGhoYGCMiIiIjJycnJycnJycnJwEJCAgJCgkLCQkLDgsNCw4RDg4ODhETDQ0ODQ0TGBEPDw8PERgWFxQUFBcWGhoYGBoaISEgISEnJycnJycnJycn/8AAEQgBwgKoAwEiAAIRAQMRAf/EALgAAAAHAQEAAAAAAAAAAAAAAAABAgMEBQYHCAEBAQEBAQEBAAAAAAAAAAAAAAECAwQFBhAAAgEDAgMFAwkFBQUGBQIHAQIDABEEIRIxQQVRYSITBnGBMpGh...

UAE-based Azizi Developments said it has signed an agreement with Sakr Power Generation a renowned Lebanon-based provider of integrated energy solutions to equip its Dubai projects with advanced diesel generators. Under the arrangement Sakr Power Generation will deliver its MBH-branded generators to ensure seamless and uninterrupted power across Azizi s rapidly expanding portfolio. Established in Lebanon Sakr Power Generation has become a regional leader in the design manufacture and delivery of high-performance systems. Its MBH generators are known for their robust engineering efficiency and adaptability in large-scale developments and critical infrastructure projects. With decades of experience the firm has earned a strong reputation for reliability and innovation supporting industries and communities across the Middle E...

Atlas Copco s highly efficient air compressors have successfully maintained pressure in an extensive pipeline thereby helping its maintenance. Atlas Copco Specialty Rental division in Central Asia was asked to assist with a pipeline inspection project in the Jambyl region in southern Kazakhstan. This project involved inspecting 96 kms of pipeline requiring a number of specialised rental machines and tools to generate sufficient pressure to cover the distance an Atlas Copco release said. Maintenance matters For almost 30 years Atlas s client in Kazakhstan has been a prominent service provider in the fields of pipeline cleaning pigging and inspection safety expertise and various technical works for tanks pipelines and vessels including diagnostics and repairs. Although pipelines are ty...

Leading Oman-based business conglomerate Khimji Ramdas (KR) Group has announced that it has successfully completed the supply and commissioning of generators for Nama Electricity Distribution Company in Musandam region. The project was completed through KR Group s Facility and Security Solutions (FSS) a unit of the Special Projects Division. Commencing in October 2023 and concluding in February 2024 the project encompassed the supply delivery and commissioning of seven soundproof generators ranging from 250 KW to 500 KW at various government facilities across the Musandam Region said the Omani group in a statement. These generators were strategically distributed in Khasab Bukha Madha and Dibba areas characterized by diverse landscapes including mountainous terrains seashores and country borders. Representing Mecca Power Generat...

Cummins Arabia has partnered with Sullivan Palatek Asia to introduce SPA s Diesel Driven Portable Air Compressors to the UAE market aiming to significantly change the air compressor market landscape in the region. This collaboration is set to introduce innovative Sullivan Palatek products to the MEA/GCC markets including the DOF1750H portable oil-free compressor and other new ranges tailored to regional needs. The partnership enhances Cummins Arabia s product range reinforcing its commitment to providing integrated solutions across diverse sectors including equipment rental construction and oil & gas. With a majority of Sullivan Palatek s range powered by Cummins engines Cummins Arabia s well-established network and technical capabilities offer unmatched support in the field. Initially focusing on the UAE this agreement la...

The global construction equipment rental market is forecast to register its name in the billion-dollar fraternity down the line of seven years by exceeding a revenue of 225 billion by 2032 with a projected CAGR of 4% over 2023-2032 according to a report by Global Market Insights. The market growth is mainly driven by the rising demand for tech innovations in construction equipment for implementing the latest smart city technologies such as Internet of Things Artificial Intelligence and Machine Learning and electromobility into infrastructures stated the report by the key market research and consulting firm. Besides increasing mining and construction initiatives in Latin America are driving the adoption of construction equipment. Organizations in this industry lease out or rent construction equipment such as cranes scaffolding crane lorries work platforms graders b...

The global material handling equipment market size is set to register significant growth through 2027 due to the growing labour costs says a study by market research firm Graphical Research. The Covid-19 pandemic had a negative impact on the availability of labour force as several travel restrictions imposed by governments prompted organizations to implement automation technologies in their supply chain processes to replace manual labour and save costs said the report. Material handling equipment facilitates faster product transfers and can assist companies in reducing their labour force to make their processes more efficient it added. According to the study region-wise Asia-pacific is expected to dominate the sector where it is expected to reach a valuation exceeding 80 billion by 2027.This will be followed by Europe which will surpass 55 billion and North America will cross 40 billion by the for...

Atlas Copco Portable Air is leading the way to decarbonisation by offering sustainably driven electric compressors to the industrial sector. Atlas Copco s electric portable air compressors have recently supported the maintenance of a biomass cogeneration plant in Germany where the compressors were used to clean the plant s renewably powered kilns. Two E-Air Variable Speed Drive (VSD) were used in a biomass plant in Kehl where cogeneration technology is used fired by waste wood to simultaneously generate electrical power and process steam. Bioenergy can offer significant reduction in net carbon emissions when operated effectively and plays multiple roles in decarbonising electricity and other industries that are fossil fuel-dependent. E-Air in action Twice a year the plant is shut down for two w...

Byrne Equipment Rental said it had successfully organised an in-person product open day last week at its Abu Dhabi facilities located in the heart of Musaffah after almost two years of restrictions due to the Covid-19 pandemic. A leading supplier of rental equipment including power rental solutions in GCC Byrne has 20 operational bases a fleet of well over 14 000 items of plant and a team of 1500 people. It offers high quality equipment rental solutions to a broad variety of sectors including but not limited to: oil and gas construction and infrastructure events industrial and manufacturing retail and commercial and marine and ports throughout the GCC. Steve Caygill Regional General Manager UAE and Oman and Group Head Specialist Divisions said: Doors opened at 9am and clients were invited to come along and view Byrne s e...

Saudi Arabia s The Red Sea Development Company (TRSDC) has awarded a contract to Red Sea International Company (RSI) to build modular buildings. The contract covers design manufacture supply and installation of modular buildings to support TRSDC s luxury hotel construction activities on Red Sea Project s Sheybarah/Ummahat Al Shaikh islands in the Western Region an announcement on Saudi Exchange said. The contract is valued at SR60.549 million ( 16.14 million) to be executed in 194 days. These facilities consist of various types of modular units which can be used as accommodations or offices. These units will be fully furnished to provide all the requirements for the crew working on the construction of these ambitious projects. Red Sea International Company is a leading Saudi company in the field of providing modular solutions a...

Byrne Equipment Rental a leading supplier of rental equipment including power rental solutions in the GCC region recently carried out the first IPAF operator PAL card training in the Middle East. Based on a new module from the International Powered Access Federation (IPAF) the training focused on the safe operation of all mast climbers and not limited to just one OEM specific. The IPAF training programme is globally recognised developed by leading industry professionals and available in multiple languages across a worldwide network of more than 750 IPAF-approved Training Centres. This followed on from the company s successful training at carrying out the first ever IPAF Hoist training in the Middle East which took place at the beginning of this year. According to Byrne PAL card is a powered acce...

The global construction equipment rental market is poised for tremendous growth mainly driven by the robust adoption of technologically integrated equipment in rental fleets in key markets of North America Europe and Asia Pacific according to a report by Graphical Research. Technological innovations including telematics and driver assistance systems will further propel the business outlook. With the expanding consumer base of earthmoving & roadbuilding equipment in the US Canada and Mexico loaders will witness bullish demand in the region. The trend for loading materials such as clearing rubble trucks and digging will bolster the product adoption to move and lift heavy objects. The North America construction equipment rental market share from the loaders subsegment will grow at a significant rate in the next few years partly attributed to the innate ab...

The global construction equipment rental sector is poised for solid growth over the next five years with its market value likely to surge to more than 155 billion by 2026 from its present 120 billion gaining remarkable traction over the 2020 to 2026 period according to a recent study from market research firm Global Market Insights. The market for renting equipment has surged over the recent years with some construction firms buying as well as maintaining large fleets of equipment. Other firms select to lease these assets and in some instances they buy select pieces at the end of the arrangement. Renting equipment has become one of the feasible options for numerous companies and gives them the capability to reduce costs and operate a more financially settled construction business said the Global Market Insights report. The construction rental equipment market is likely...

Abu Dhabi National Oil Company (Adnoc) has announced that its shipping and maritime logistics arm Adnoc L&S has acquired all of the UAE-based assets of Speedy Hire a leading UK-based company providing tools and equipment hire for the oil and gas construction and industrial sectors. As per the agreement Adnoc L&S will take ownership of Speedy s equipment stock and other fixed assets relating to its Middle East business the company said in a statement on Monday. The strategic buy will add more than 2 000 pieces of equipment including cranes forklifts firetrucks and other high-value machinery used for offshore and onshore material handling services to Adnoc L&S asset base. It involves a transitional services agreement with Adnoc L&S for up to four months to support the transfer of assets. During this time Speedy s UAE-based employees wil...

Al Shafar Steel Engineering (Assent) a leading steel fabrication and erection company in the GCC and part of ASGC Group is launching its new pre-fabricated modular building solution during The Big 5 a major construction show running from November 25 to 28 at Dubai World Trade Centre. Modular building offers a fast efficient eco-friendly and affordable alternative to traditional building methods ideally suited for rapid growth in the UAE and beyond. Made from light-gauge steel pre-fabricated modular buildings are constructed offsite in a factory setting before being transported and assembled on-site. This is done under controlled plant conditions using the same materials designed to the same codes and standards as conventionally built facilities. In this methodology buildings are produced in modules that when put together on site reflect the identical design intent and specifications of the most sophisticate...

Byrne Equipment Rental has further enhanced its one stop equipment rental offering with the launch of its new climate control division as part of its ongoing regional expansion strategy. One of the largest industrial equipment rental companies in the Middle East Byrne pointed out that in the weeks and months ahead this unit will be rolled out in its 20 strong network of offices and depots across the UAE Saudi Arabia Kuwait Qatar Oman and Bahrain to complement its growing equipment rental fleets. The decision to add this product range was fuelled not just by the promising future of the HVAC (heating ventilation and air-conditioning) industry in the region but even more so the demand from existing Byrne clients said the statement from the company. According to the market research report published by P&S intelligence the UAE HVAC market alone is expected to reach 1.4 billion by 2024 a growth that can b...

Genie a unit of global lifting solutions specialist Terex Corporation will be delivering a total of 132 mobile elevating work platforms (MEWPs) to GCC group Byrne Equipment Rental later this month. Since its founding 27 years ago Byrne has steadily grown to become one of the region s largest and most diverse rental and leasing providers supporting customers in a wide range of sectors including construction infrastructure oil and gas power generators and manufacturing. As part of a huge investment driving its expansion into the mobile access sector the rental giant had in total placed a big order for 166 Genie MEWPs. Comprising a broad mix of the brand s latest scissor lifts and telescopic and articulating boom lifts Byrne had taken delivery of an initial 34 units this January - including its first Genie Xtra Capacity (XC) booms lifts. Having already made itself a big name notably for the provision of...

GIB Capital the investment banking arm of Gulf International Bank (GIB) said it had acted as the financial advisor to Al Tala a International Transportation Company (Al Tala a or Hanco) on the SR930 million ( 253 million) sale of Byrne Equipment Rental to Itqan Investments and Tamar VPower Energy Fund. Byrne Equipment Rental is a leading supplier of rental equipment including power rental solutions across the GCC region and has been named one of the top 100 rental companies in the world by International Rental News. The company offers equipment rental solutions to a variety of sectors including oil and gas construction and infrastructure events industrial and manufacturing and marine and ports. The deal also includes other businesses within the Byrne Group namely Spacemaker (UAE) Byrne Technical Services and Byrne Medical Equipment Rental. Hamad Al Sulaiman the...

The UAE construction equipment rental market revenues are projected to grow at a CAGR of 3.3 per cent during 2018-24 according to a study. The market has registered substantial growth as a result of increasing construction activities as well as the strengthening of commercial hospitality and residential sectors said the 6Wresearch report. Construction sector growth is attributed to increased infrastructure spending for World Expo 2020. Further to avoid the cost of purchasing new equipment and to evade maintenance expenses construction companies in UAE are opting for renting the equipment said the report titled UAE Construction Equipment Rental Market (2014-2024) which provides in-depth analysis with 81 figures and 59 tables covered in more than 190 pages. Projects such as the 37-billion Yas Island Development and the 22-billion Masdar City which are expected to...

The weaving plant Orta a leading denim manufacturer in Bahrain has six units of Atlas Copco 250kW 2-stage oil-free screw air compressors out of which three are air-cooled and running since 1998. These often see cooling temperature in excess of 50 deg C in summer and despite the very arduous site conditions they have clocked close to 100 000 operating hours each with no air end replacement. Atlas Copco Z compressors are built using the knowledge Atlas Copco has gained since 1954 when the first oil free screw compressor was built. Today Atlas Copco uses state of the art manufacturing technology designing and building units according to ISO 9001 ISO 14001 ISO 22000 & OHSAS 18001 providing highest efficiency &reliability. Decades of partnering with the world s leading textile manufacturers has given Atlas Copco a keen sense of what is exactly required in the textile industry. Oil-free air protects the users equi...

Dubai s real estate developers and companies developing touristic commercial and cultural projects have been ordered to install additional power generators to ensure seamless uninterrupted power supply in their developments. The order comes from Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum who made the decision during his visit to Dubai Water and Electricity Authority (DEWA) headquarters where he was briefed yesterday s power outage in Dubai Mall. TradeArabia News Service ...

Qatar s construction equipment rental market is projected to cross the 1.9-billion mark over the next five year thanks to the surging expatriate population and the growing construction activities along with increasing government expenditure according to a report. Another key factor is the high purchasing cost of construction equipment due to which construction companies prefer procuring equipment on rent said the report by TechSci Research a global management consulting firm. The upcoming mega sports events such as Fifa World Cup 2022 as well IAAF World Athletics Championship 2019 too are playing a key role in boosting demand for construction equipment stated TechSci Research in its report Qatar Construction Equipment Rental Market By Equipment Type Competition Forecast & Opportunities 2016 - 2022. Further increase in Qatar s GDP from 44.54 billion in 2005 to 164.64 Billion in 2015 over the last de...

UK-based Ashtead Technology a leading supplier of rental equipment for offshore positioning and surveying has announced the acquisition of Abu Dhabi based TES Survey Equipment Services for an undisclosed sum. The acquisition will enable Ashtead to significantly increase its customer service offering in the Middle East a statement said. Established in 2007 by Susan Murray TES Survey Equipment Services sells and rents a range of environmental geophysical survey and ROV equipment. Murray will continue to lead the business cementing its footprint in the Middle East. Allan Pirie chief executive of Ashtead Technology said: TES is a quality business with a strong client service ethos which is a great fit for Ashtead. Having been our agent in the Middle East for the past five years we know and respect the team. As a result of this deal we will be able to roll-out our full service offering to clients in the region. ...

The diesel generators market is expected to grow from an estimated 13.06 billion in 2015 to 16.96 billion by 2020 at a compound annual growth rate (CAGR) of 5.4 per cent according to a report. The rapidly growing demand for continuous and reliable power across industries and the commercial sector is the primary growth driver of this segment stated MarketsandMarkets a leading business research firm in its report Diesel Generators Market by Application - Global Forecast to 2020 . The report includes profiles of some of the leading players in the diesel generators market such as Caterpillar (US) Cummins (US) Generac Holdings (US) Kohler Co (US) MTU Onsite Energy (Germany) and Mitsubishi Heavy Industries (Japan). Dominant players are trying to penetrate the developing economies and adopting various methods to grab the market share said the report. The scope accordingly aids market participants to iden...

Byrne Equipment Rental which has been a proud part of the industrial and economic growth in Saudi Arabia continues its growth journey with imminent depot openings planned the first of which is in Thuraif The well-known Byrne brand has long been regarded as one that is synonymous with quality and diversity in the plant and equipment rental sector with fleets operating across the region. Byrne Investments Saudi Arabia as it s known in the kingdom is without question one the most innovative players in its field. Since its inception here in 2001 it has enjoyed a strong relationship with Sabic. On the back of that relationship Byrne is privileged and honoured to be the official rental sponsor of the Sabic Technical conference -12 says Satish Shetty deputy general manager - Eastern Region Saudi Arabia. Saudi-owned Byrne has grown rapidly over the years and today it enjoys what s best described as a preferred equipment rental suppli...

The fully Saudi-owned company serves customers through a network of six fully equipped depots located on the doorsteps of major upstream and downstream oil and gas facilities in the Eastern Western and Central Provinces In today s challenging business environment oil and gas companies must find ways to cut costs without compromising on quality innovation functionality or efficiency. For Byrne a leading Equipment Rental Saudi company with depots across the kingdom there has perhaps never been a better time for customers to realise the benefits of its bespoke systems from quick-to-assemble fully managed turnkey mobile accommodation camps to space-saving easily transportable modular office blocks and warehouses temporary blast resistant modules for hazardous environments in refineries and petrochemical plants and mechanical equipment. Oil and gas companies recognise equipment rental as the way forward and Byrne is synonymous ...

One of the longest established and most diverse equipment rental solutions providers Byrne s approach of firstly understanding its customers challenges and then working with them to drive effective rental solutions has clearly served it well Already recognised as one of the longest established and most diverse equipment rental solutions providers Byrne continues to expand its operations and products across the Gulf Council of Countries (GCC). FLEET INVESTMENT As part of its innovative approach to the market Byrne Equipment Rental has successfully added and deployed blast-resistant modular buildings to its fleets across the GCC. Designed primarily for the oil and gas industry these units are built to withstand the impact of the most severe blasts and in doing so protect the people and equipment inside them meaning that in the unfortunate event of an explosion people remain safe and high value equipment can be prot...

THE Ferguson group specialists in the rental of equipment to the offshore energy industry has announced the launch of its new Ferguson Middle East Abu Dhabi division. Ferguson Middle East based in Abu Dhabi will support the Ferguson group s increasing presence in the Middle East that saw the opening of its Dubai office in August 2012. The new Abu Dhabi division will allow Ferguson Middle East to offer its range of offshore containers refrigeration containers and its accommodation and workspace modules to a wider market and range of companies operating within Middle East. Mike Melville commercial director for the Ferguson group says: The launch of our new offices in Dubai last year was an extremely positive move for the company. Having this new office in Abu Dhabi is a great start to 2013 for Ferguson Middle East and I am excited about the future plans for our Middle East offices as the company is able to expand better support the offshore energy secto...

EQUIPMENT rental company Byrne Investments Saudi Arabia Limited is looking forward to create a niche as the single largest all equipment rental solutions under one roof provider in Saudi Arabia. We will continue to work at growing our company profile and services across the Middle East following an exclusive business plan driven by commitment to deliver world class presentation and quality in terms of products and services says Rajnish Kar general manager Byrne Investments Saudi Arabia Limited. The company provides the largest range of rental products and solutions under one roof across the Saudi Arabia to support various sectors like oil and gas construction infrastructure manufacturing and events. For Byrne business during the last year has been good and the company has successfully established five branches with five operating depots across the kingdom. We have successfully established five fully operational points across the kingdom. T...

THE Ferguson Group specialists in the rental of containers and accommodation and engineering modules to the offshore energy industry around the world has launched a new company to meet growing demand for offshore fridge and freezer units. Steven Ferguson managing director of the Ferguson Group says: IceBlue Refrigeration Offshore has been formed in response to increasing global demand for specialist fridge and freezer units. It is starting with the same values as all our companies to provide high-quality products short lead times and exceptional customer support in the UK and key international locations. IceBlue already has a modern fleet of refrigerated units available and plans are in place to significantly grow the fleet size over the course of the next 12 months. We have recruited a number of staff with knowledge of the rental sector to spearhead the new company and believe it will grow rapidly to become an industry leader he continues. IceB...