
Al Masaood Equipment Rental Wraps Up a Strong Presence at the Middle East Event Show 2025 - Middle East Business News and Information
Al Masaood Equipment Rental, part of Abu Dhabi's Al Masaood Group, has just concluded a successful participation at the Middle East Event Show 2025 in Dubai. Engaging with over 5,000 industry stakeholders from across the region, the event provided a strategic platform for the Division to connect with decision-makers shaping the future of the events industry.
Through a dynamic stand experience and targeted seminars on innovation, sustainability, and emerging technologies, Al Masaood Equipment Rental spotlighted its full suite of rental solutions tailored for event operations. These include a fleet of power, energy, and lighting solutions, as well as temporary buildings and fencing barriers.
Concluding the exhibition, Al Masaood Equipment Rental served as a Gold Sponsor of the awards ceremony, where the division presented the evening's awards, further cementing its role in the region's growing events ecosystem. Norma Shaheen, General Manager, Al Masaood Equipment Rental said 'Our participation as a Gold Sponsor at the Middle East Event Show marks another proud milestone for Al Masaood Equipment Rental. Over the past two years, we've grown into a trusted partner for some of the UAE's most iconic events from Dubai Seven's, Liwa Festival, MOTN to Saadiyat Nights, delivering integrated solutions in power, lighting, and infrastructure. This momentum reflects our team's dedication and our unwavering commitment to elevating the events and entertainment industry'.
Established in 2023, Al Masaood Equipment Rental was formed as a strategic synergy between Al Masaood Bergum and Al Masaood Power Division, catering to multiple industries such as events, entertainment, oil & gas, construction, power, marine, and many others.
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Mid East Info
2 days ago
- Mid East Info
Al Masaood Equipment Rental Wraps Up a Strong Presence at the Middle East Event Show 2025 - Middle East Business News and Information
Al Masaood Equipment Rental, part of Abu Dhabi's Al Masaood Group, has just concluded a successful participation at the Middle East Event Show 2025 in Dubai. Engaging with over 5,000 industry stakeholders from across the region, the event provided a strategic platform for the Division to connect with decision-makers shaping the future of the events industry. Through a dynamic stand experience and targeted seminars on innovation, sustainability, and emerging technologies, Al Masaood Equipment Rental spotlighted its full suite of rental solutions tailored for event operations. These include a fleet of power, energy, and lighting solutions, as well as temporary buildings and fencing barriers. Concluding the exhibition, Al Masaood Equipment Rental served as a Gold Sponsor of the awards ceremony, where the division presented the evening's awards, further cementing its role in the region's growing events ecosystem. Norma Shaheen, General Manager, Al Masaood Equipment Rental said 'Our participation as a Gold Sponsor at the Middle East Event Show marks another proud milestone for Al Masaood Equipment Rental. Over the past two years, we've grown into a trusted partner for some of the UAE's most iconic events from Dubai Seven's, Liwa Festival, MOTN to Saadiyat Nights, delivering integrated solutions in power, lighting, and infrastructure. This momentum reflects our team's dedication and our unwavering commitment to elevating the events and entertainment industry'. Established in 2023, Al Masaood Equipment Rental was formed as a strategic synergy between Al Masaood Bergum and Al Masaood Power Division, catering to multiple industries such as events, entertainment, oil & gas, construction, power, marine, and many others.


Mid East Info
2 days ago
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DXB LIVE wins three prestigious awards at Middle East Event Awards 2025 - Middle East Business News and Information
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Daily News Egypt
12-05-2025
- Daily News Egypt
Egypt's gold exports hit $3.2bn in Q1 2025: Wasif
Egypt's gold exports reached a record $3.2bn during the first quarter (Q1) of 2025, reflecting a significant leap in the country's jewelry industry, according to Ihab Wasif, Head of the Gold and Precious Metals Division at the Federation of Egyptian Industries. Wasif attributed the exceptional performance to three key factors: rising global demand for gold amid heightened geopolitical tensions, substantial improvements in local jewelry design and manufacturing quality, and the Division's increased participation in international exhibitions and trade shows. Speaking on Sunday, Wasif explained that the surge in gold exports aligns with the global shift toward gold as a safe-haven asset in light of escalating trade conflicts and international instability. This environment has created new openings for Egyptian products, particularly in markets seeking both quality and reliability. He emphasized that Egypt's jewelry industry has undergone a notable transformation, with designs and craftsmanship now rivaling international standards. This competitive edge has enabled Egyptian exports to penetrate high-value markets such as Saudi Arabia and the UAE, in addition to new destinations in Europe and North America. Marketing efforts have also played a critical role. 'Our presence at international exhibitions has significantly increased brand visibility and built confidence in Egyptian gold among major foreign importers,' Wasif said. Breaking down the quarterly figures, he noted that exports totaled $929.5 million in January, rising to $1.804bn in February and maintaining strong momentum through March. The UAE, Saudi Arabia, and Turkey were the top importing countries, with noticeable growth in exports to Europe and the United States. Wasif highlighted these achievements as a fulfillment of the Division's pledge to President Abdel Fattah Al-Sisi to hit the highest export targets in the sector's history. He credited strong governmental support—particularly from the Ministries of Supply, Industry, and Investment, as well as the Central Bank and the Assay and Weights Authority—for enabling the industry's progress. Egypt aims to rank among the world's top 10 gold-exporting countries by 2027. Wasif noted that Egypt's global position in jewelry exports has already improved significantly, rising from 94th in 2022 to 54th in 2023, with plans to climb further in the next two years. He also pointed to the Central Bank of Egypt's decision to extend the export proceeds payment period to 75 days as a key facilitator for the recent export boom. 'This policy gave exporters much-needed flexibility in navigating foreign markets,' he said. The Division now plans to formally request a return to the original legal framework that allows for a 180-day payment period—a move Wasif believes would further enhance Egypt's export performance and global competitiveness.