Market Share of Middle East Car Rental Industry
The Middle-East Car Rental Market is moderately consolidated with international and regional players such as Avis Budget Group Inc, SIXT, Hertz Corp, Theeb Rent A Car, Enterprise Holdings Inc, and others. The major rental companies are making joint ventures and partnerships to launch newer products and include an edge over their competitors.
- In December 2022, at its newly constructed facility in the Khalifa Economic Zones Abu Dhabi ("KEZAD"), NWTN Inc. announced that it had delivered 20 range-extended electric vehicles (R-EVs) to M93 Car Rental L.L.C. The delivery marks the beginning of NWTN's strategy to promote the UAE's transition to sustainable energy by offering various cutting-edge products and services to the market.
- November 2022: Theeb Rent added another 2,000 vehicles to its fleet, bringing the number of cars available for short-term rental to about 10,500 with economic models from Hyundai, Toyota, Nissan, Ford, Kia, and Chevrolet.
Middle East Car Rental Market Leaders
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Avis Budget Group Inc.
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Hertz Corp.
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Enterprise Holdings Inc.
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Fast Rent a Car
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Sixt SE
*Disclaimer: Major Players sorted in no particular order
