21/12/2014 06:35 AST

Al Wathba Services, the vehicle management business headquartered in Abu Dhabi, on Saturday announces that it has changed its name to Massar with immediate effect. The change of name is being accompanied with a fresh new brand.

Massar is a long established, commercially successful and market leading business, which commenced operations in 1999, managing the vehicles of Abu Dhabi Water & Electricity Authority. Since then, it has grown exponentially, operating throughout the UAE, with annual sales of almost Dhs500 million, more than 400 customers and more than 15,000 vehicles under leasing and fleet management.

Khalaf Aldaheri, Chairman of Massar, commented: “This is a highly significant day in the history of our company.

The timing of our rebrand is even more appropriate, with the UAE having just celebrated National Day. The country has gone from strength to strength driving economic development and prosperity through innovation.

Paul Greenwood, CEO of Massar, commented: “ Massar means “path” in Arabic, which resonates with the fundamentals of our business, managing our customers’ mobile assets and setting them on the right path.”


The Gulf Today

Ticker Price Volume
SABIC 114.77 5,915,941
Saudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

05/04/2018

Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa

Arab News

Green energy drive will boost KSA employment: Saudi Arabia’s renewable energy chief

05/04/2018

In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.

A massiv

Arab News

Dubai house prices, rents drop in first quarter of 2018

05/04/2018

Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices

The National

Saudi Arabia lifts GCC index buoyed by strong oil prices

05/04/2018

Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re

Times of Oman

Banks’ real estate credit at QR147.7bn

05/04/2018

Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i

The Peninsula