MYCRANE Trading, a Dubai-based crane sales, leasing, and maintenance services provider, has secured a $50 million investment deal with a DIFC-based investment holding company. The deal will integrate physical inventory with digital reach to provide seamless access to sales and rentals across the Gulf Region. The combined sales and rental portfolio will include all-terrain, crawler, rough terrain, and tower cranes, each with certified inspection and safety reports. MYCRANE Trading will leverage its partner’s network of global crane buyers and sellers, as well as its digital reach and market data, to provide competitive and transparent equipment sales. The partnership follows MYCRANE’s growth milestones, including international expansion, new platform features, and three industry award wins in 2025. (Infrastructure Developments)
MYCRANE Trading, a global leader in digital crane rental and equipment trading, has announced the successful raising of USD 50 million in fresh funding to support the launch of its UAE operations from its strategic base in Jebel Ali. This milestone funding round is expected to fuel the company’s regional growth, enhance its technological capabilities, and expand its service portfolio in the Middle East. The USD 50 million investment was led by a consortium of venture capital firms and strategic industry investors who believe in MYCRANE Trading’s vision to revolutionize crane rental and heavy equipment marketplaces. The funds will primarily be used to establish and expand operations in the UAE.
Beginning with the Jebel Ali hub, which is known for its world-class infrastructure and connectivity Jebel Ali is one of the most strategic locations for logistics and trade in the Middle East. As home to the Jebel Ali Port—the largest man-made harbour in the world and the busiest port in the region it offers unmatched access to shipping lanes, road networks, and regional markets. MYCRANE Trading’s decision to base its UAE operations here is driven by proximity to industrial clients, reduced transit times, and streamlined import/export processes. The hub also allows for easy coordination with suppliers and customers across the GCC and Africa.
Expanding the Crane Rental Marketplace in the Middle East
MYCRANE Trading operates a unique online platform that connects equipment owners with businesses in need of cranes and heavy lifting solutions. The expansion into the UAE is a significant step toward capturing the rapidly growing construction and oil & gas markets in the region. The company plans to introduce a wide range of cranes, from mobile cranes for construction sites to specialized heavy-lift cranes for offshore and industrial projects. By digitizing the rental process, MYCRANE Trading aims to save time, reduce costs, and improve transparency for customers (Construction).
A key differentiator for MYCRANE Trading is its investment in technology. The company’s proprietary platform enables real-time equipment availability checks, instant quotation generation, and secure contract management—all through a user-friendly interface. In the UAE market, MYCRANE plans to integrate AI-based predictive maintenance tools and GPS tracking to help customers optimize crane usage and minimize downtime. This aligns with the region’s increasing focus on smart logistics and digital transformation in construction.
Target Sectors for UAE Operations
While construction remains a primary focus, MYCRANE Trading will also target other sectors that rely heavily on lifting and heavy equipment services. These include:
- Oil & Gas: Offshore drilling, refinery maintenance, and heavy equipment transportation.
- Shipping & Ports: Loading/unloading of heavy cargo at Jebel Ali and other regional ports.
- Renewable Energy: Installation of wind turbines and solar infrastructure.
- Industrial Projects: Factory construction, machinery installation, and plant expansions.
The arrival of MYCRANE Trading’s UAE operations is expected to have a positive impact on the local economy. By providing digital access to heavy equipment rentals, the company will support faster project delivery, reduce operational costs for contractors, and increase market competitiveness. In addition, the move aligns with the UAE’s Operation 300bn strategy, which aims to boost industrial productivity and manufacturing competitiveness over the next decade. Following the UAE launch, MYCRANE Trading has ambitious plans to expand into other GCC countries, including Saudi Arabia, Oman, and Qatar.
The company is also exploring partnerships with regional construction giants to offer integrated lifting solutions for mega-projects like NEOM in Saudi Arabia and Expo 2030 developments. With USD 50 million in new funding, MYCRANE Trading’s launch from Jebel Ali marks a major step forward in the company’s global expansion. By combining a strategic location, cutting-edge technology, and a focus on high-growth sectors, the company is well-positioned to transform the crane rental market in the UAE and beyond. As infrastructure spending and industrial activity in the region continue to rise, MYCRANE Trading’s innovative approach could set a new standard for efficiency and customer experience in the heavy equipment industry.
Q1. How much funding did MYCRANE Trading raise for its UAE launch?
The company raised USD 50 million to establish operations in the UAE.
Q2. Where will MYCRANE Trading’s UAE operations be based?
Its regional base will be located at Jebel Ali, a key logistics hub in Dubai.
Q3. What services will MYCRANE Trading offer in the UAE?
It will provide a digital crane rental and heavy equipment trading platform.
Q4. Which sectors will MYCRANE Trading target in the UAE?
Key sectors include construction, oil & gas, shipping, and renewable energy.
Q5. What is the company’s regional expansion plan?
MYCRANE plans to expand further into GCC countries like Saudi Arabia, Oman, and Qatar.
