Budget Saudi Reports Stellar Performance in Q2 2023 with Significant Growth in Long-Term Lease and Short-Term Rentals

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Riyadh, Saudi Arabia--(Newsfile Corp. - August 21, 2023) - Budget Rent a Car Saudi Arabia (United International Transportation Co.) (www.budgetsaudi.com) is proud to announce its robust performance in the second quarter of 2023, underpinned by a marked increase in sales from long-term lease and short-term rentals. The results reflect the brand's unwavering commitment to catering to the diverse needs of its customers and reinforcing its position as a leader in the vehicle rental industry.

One of the most notable achievements of Q2 has been the increased profitability from the sales of used cars, further demonstrating the strength and efficiency of Budget Saudi's business model.

"We are thrilled with our Q2 performance and owe our success to the trust of our loyal customers and the hard work of our dedicated team," said Fawaz Abdullah Danish, the company's President & Group CEO. "By continuously adapting to market demands and offering value-added services, we are setting the pace in the industry."

In line with its commitment to offer services in strategic locations, Budget Saudi has commenced operations from High Speed Railway Stations in Makkah, Jeddah, Madinah, and KAEC (King Abdullah Economic City). This move not only expands the brand's footprint but also ensures greater convenience for commuters and tourists alike, making transportation seamless.

Taking a stride in its expansion journey, the brand has also added new service points at airports in Al Ula, Al Jouf, and Arar. With plans to further extend its presence in more cities by the end of the year, Budget Saudi is aiming to redefine transportation solutions across the Kingdom.

"Our goal is not just about growth, but about offering unparalleled service to our clients. By tapping into strategic locations like high-speed railway stations and expanding into new airports, we aim to be where our customers are, ensuring they have access to top-notch transportation solutions," remarked Fawaz Abdullah Danish, the company's President & Group CEO.

For a detailed insight into Budget Saudi's Q2 2023 performance, please visit the Investor Relations section at www.budgetsaudi.com/en/Investor-Relations.

About Budget Saudi:

Budget Rent a Car Saudi Arabia is a trusted name in car rentals and leasing. With a wide range of vehicles and dedicated services, the brand continually seeks to offer the best in class solutions to its clients, ensuring comfort, reliability, and value.

For media inquiries:

​​Name- Anil Mathew Abraham

Email- [email protected]

Website- http://www.budgetsaudi.com/

Contact- +966 92000 4124 / +966 (0)12 692 7070 Ext 1444

Address - 3, Al Basateen District, Bin 3 Complex, King Abdul Aziz Road, Jeddah

23719, Saudi Arabia

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/177859

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).