Market Share of GCC Car Rental Industry
The GCC Car Rental Market is hugely fragmented with various startups, and regional players such as Budget rent a car, Thrifty, Sixt rent a car, Hertz, and Fast rent a car. Although to have the edge over its competitors, the major rental companies are making joint ventures, partnerships to launch newer products.
In November 2021, Saudi Arabia-based car rental and mobility startup, Teglani, raised USD 2.5 million in a pre-Series A round led by Impact46 with participation from Nomw Capital. Telgani has agreements and partnerships with more than 50 local and international car rental companies and +500 branches across the country, covering more than 44 cities and 13 airports.
GCC Car Rental Market Leaders
Fast Rent a car
*Disclaimer: Major Players sorted in no particular order