Budget Saudi couples the strength of one of the world’s largest car rental brands with detailed local knowledge, flexibility, and great value for money. Budget Saudi Arabia is one of the country’s best-known car rental brands in approximately over 90 locations across the country.
Budget Saudi is an industry leader in providing vehicle rental services to value-conscious travellers and also operates as one of the largest vehicle rentals, leasing, and premier limousine businesses in Saudi Arabia. The company is the largest franchisee of the ABG Group Incorporation. As our name suggests, we’ve always been synonymous with great value for money. We now offer a range of flexible payment options and charge facilities designed to keep you in control and help you save money.
Budget Saudi boost Saudi economy via 90 retail stations with over 27,000 vehicles
Budget Saudi Arabia had been the trendsetter in the car rental industry for the past four decades. The company is publicly listed on the Saudi Stock Exchange since 2007 and was the first company from the car rental industry to be listed.
United International Transportation Co. (Budget Saudi) is a publicly listed company that reported a net profit after Zakat (Islamic almsgiving) and taxation of SAR 187.9 million (USD 50.1 million) for 2020 which was up 5%, compared to SAR 178.6 million (USD 47.62 million) in the previous year.
The company had paid the highest dividend to its shareholders in 2020 and it has consistently ensured profitable operations and dividends to its stakeholders. Budget Co. has distributed SR310 million of its profits to shareholders.
Budget Saudi is expecting to witness carpooling gain attention alongside car rental companies seeking better methods to contribute to environmental conservation.
Budget Saudi has already stepped towards energy conservation by releasing hybrid cars into the collection of rental cars.
Budget Saudi is also in discussion to launch electric cars into our fleet, and moving towards ensuring zero CO2 emissions.
Budget Saudi Strategies for a customer-centric approach
At Budget Saudi Arabia, we listen to our customers and we ensure their voice is heard and acted upon. We provide world-class quality and safety to our customers at affordable and competitive prices. We ensure that we keep our fleet young and fit to ensure customer safety and convenience. Moreover, we invest in technology innovations that cater to the customer’s needs and hence create a positive customer experience and enhanced engagement that leads to unflinching loyalty.
Budget Saudi’s expansion in Saudi
We haven’t acquired any companies as yet. However, we have made strategic investments in enhancing our business and services inside the Kingdom. We are present in all regions of Saudi Arabia and operate branches in more than 25 cities of the country.
Mr. Fawaz Abdullah Danish (President & Group CEO of Budget Saudi) delivers a message to partners and investors
“Making a positive difference through transparent, committed, and ethical business, serving our nation by creating jobs, aligning with Saudi Vision 2030, and contributing to a better society and environment is what Budget Saudi strives for.
Our focus has always been on our customers to constantly deliver world-class service. We do this by ensuring that our vehicles regularly undergo ISO quality standards for cleanliness, mechanical reliability, and professional services.
We have also invested heavily in our infrastructure development to ensure reliability in all our services, and have built our organization on the fundamental principles of trust, good corporate governance, and dependability.”
Budget Saudi’s Latest Innovations and Developments
We’re expecting to see carpooling gain momentum, as well as car rental companies looking at better ways to contribute to environmental conservation efforts.
Budget Saudi has already initiated steps towards energy conservation by launching hybrid cars into our fleet. We are also in discussions to launch electric cars into our fleet, and moving towards ensuring zero carbon emissions.
The technological transformation in the car rental industry has witnessed major changes. It has led to an evolution in customer renting habits and we’ve seen that more corporate customers are opting for car rental services. Customer expectation has been full-fledged over the 10 years, which is why keeping up Budget Saudi’s pace with customer expectation and adding value to their rentals is the company’s top priority.