Ammar Akhtar, founder and CEO of Finalrentals, said Saudi Arabia represents a key market with much potential and dynamic growth.
Photo: Finalrentals
Global car rental brand Finalrentals has partnered with Key Rent A Car in Saudi Arabia, marking its third Middle Eastern expansion after Jordan and the United Arab Emirates.
This partnership will enable Finalrentals to offer car rentals at 51 locations across 15 regions in Saudi Arabia, further strengthening its global footprint.
Key Rent-A-Car is a prominent car rental company based in Saudi Arabia, offering a wide range of vehicles for short- and long-term rentals. With an extensive network of locations, the company operates in numerous regions nationwide, providing convenient access to rental services for residents and visitors. Known for its competitive pricing and diverse fleet, Key Rent-A-Car caters to various customer needs, from economy cars to luxury vehicles.
The Saudi car rental market, projected to reach $1.13 billion this year, is expected to grow over 3% annually, with the number of users estimated to reach 5.67 million by 2029.
“This collaboration marks a significant step in our mission to provide seamless and accessible car rental solutions worldwide,” said Ammar Akhtar, founder and CEO of Finalrentals. By combining Finalrentals’ digital innovation with Key Rent-A-Car’s local expertise, we are confident we can offer travelers in Saudi Arabia a superior experience. As we continue our global expansion, Saudi Arabia represents a key market with immense potential and dynamic growth.”
A spokesperson for Key Rent-A-Car added, “Saudi Arabia is a market where the car rental industry is experiencing significant growth. With the sector projected to reach $1.13 billion this year alone, the global online platform connects customers with local car rental companies worldwide.”
Founded in 2019 and headquartered in Cardiff, UK, Finalrentals is a fully digital car rental platform. The company has seen a 300% increase in partnership requests this year. It is available in over 34 countries — including Costa Rica, Greece, Mexico, Portugal, and the United States. In the past three months, the platform has been launched in Turkey, Montenegro, and Grenada, and it intends to operate in 100 countries by the end of 2025.