Ger Regan explores leasing in the Middle East on AFC podcast

The latest episode of the AFC European Equipment Finance Podcast, sponsored by Alfa and hosted by Richard O’Donohue, has now been released by Asset Finance Connect.

This episode features an in-depth conversation with Ger Regan, Managing Director of Altalease Capital in the United Arab Emirates, exploring the evolution and growing potential of the asset finance and leasing markets across the Middle East and Africa.

With the fifth annual Dubai Lease Conference taking place this month, Richard and Ger discuss the increasing significance of the region for the global asset finance industry. Drawing on more than two decades of experience in asset and vendor finance across Ireland and the Middle East, Ger shares his first-hand perspective on how the leasing market has developed from a loan-dominated environment to one on the verge of major transformation.

During the conversation, Ger reflects on the progress made over the past decade, from the early challenges of limited regulatory infrastructure to the recent introduction of structured finance leasing laws. He explains how the UAE’s 2023 Finance Lease Law, alongside similar developments in Saudi Arabia and Egypt, is laying the foundation for a modern, sustainable leasing framework. He also explores how advancements in technology, automated credit scoring, and secured collateral laws are helping to create a more efficient and transparent financial ecosystem.

The discussion highlights the shift in mindset from ownership to asset usage, as the region adapts to global trends in sustainability and circular economy models. Ger notes that while the culture of ownership remains strong, growing awareness of leasing’s flexibility and efficiency is opening up new opportunities for distributors, OEMs, and funders alike. Partnerships, he emphasises, will be central to this progress, particularly as international lessors and captives look to establish themselves in the Gulf region.

Looking ahead, Ger predicts significant growth over the next five years as the UAE finalises its implementation framework for finance leasing. He expects to see several new leasing companies and captive finance organisations entering the market, supported by improving regulation, greater access to funding, and a stronger appetite for innovative financing models.

The episode offers valuable insights for anyone interested in understanding how the Middle East and Africa are shaping the future of asset finance, and how international players can participate in this evolving market.

The full conversation is available now at assetfinanceconnect.com/european-equipment-finance-podcast and can also be streamed on Apple Podcasts, Amazon Music, Spotify, and YouTube.

The AFC European Equipment Finance Podcast is produced by Asset Finance Connect, bringing together industry leaders to share knowledge, innovation, and opportunity across the global equipment and asset finance community.