Budget Saudi launches third brand ‘Alam Al Sayarat’ for short-term rentals

Alam Al Sayarat, a leading vehicle rental company in Saudi Arabia, has announced the launch of a new business line offering short-term rental services for individuals.

This expansion is part of the strategic vision of United International Transportation Company (Budget Saudi), following its acquisition of Alam Al Sayarat in 2024. The move aligns with the company’s strategy to shape its next phase and direct investments toward promising sectors that support Saudi Arabia’s mobility and tourism vision.

The decision is based on a forward-looking assessment of growth opportunities in the Saudi short-term rental market, especially as the Kingdom prepares to host a series of major global events in the coming years, including the AFC Asian Cup 2027, Expo 2030 Riyadh, and the FIFA World Cup 2034. These events are expected to drive increased demand for flexible and reliable mobility services for both individuals and businesses.

This initiative also aligns with Saudi Arabia’s strategic drive to boost the tourism sector, supported by unprecedented facilitation of tourist visas. These measures have led to a significant rise in visitors to key destinations across the Kingdom, as well as a marked increase in the number of Umrah pilgrims.

Fawaz Abdullah Danish, Group CEO of United International Transportation Company (Budget Saudi), said: “Launching short-term rental services for individuals through Alam Al Sayarat reflects our confidence in the vast opportunities offered by the Kingdom’s economy under Vision 2030. We are not only responding to current market needs but also preparing to support the exceptional global events that will place Saudi Arabia at the center of attention for visitors and investors worldwide. We want Alam Al Sayarat to be an essential part of the mobility ecosystem supporting this dynamic period.”

United International Transportation Company (Budget Saudi) now includes Budget Saudi, Payless Saudi, and Alam Al Sayarat under its umbrella for short-term rentals. This gives the company a clear advantage in reaching a wider customer base through multiple high-quality options, enabling it to meet growing demand with flexibility and efficiency.

The launch of this service is also part of Budget Saudi’s growth strategy for 2026-2030, with Alam Al Sayarat expecting rapid expansion in this segment over the coming years.

Alam Al Sayarat emphasizes that its entry into the short-term rental market for individuals and businesses is backed by decades of accumulated experience and comprehensive logistical support from Budget Saudi. This positions the company competitively within the Saudi car rental market and reinforces its commitment to keeping pace with the rapid growth of the Kingdom’s mobility and tourism sectors.