Theeb Rent a Car, a leading vehicle rental company in Saudi Arabia, has announced the opening of two new branches in the Central Region. One branch is located in Al Majma'ah Governorate on Prince Sultan bin Salman Road, and the other is in the Al Qadisiyah district of Riyadh on Imam Abdullah bin Saud Road. This move is part of the company's ambitious expansion strategy, which aims to enhance its geographic coverage and meet the growing demand for its services throughout the Kingdom.
A strategic context that aligns with Vision 2030
This expansion comes at a time when the Saudi economy is undergoing major transformations driven by Vision 2030 , which places particular emphasis on developing the tourism, logistics, and transportation sectors. With the increasing number of tourists and visitors from both within and outside the Kingdom, coupled with the continued growth of the business sector, the role of car rental companies is emerging as a vital element in supporting the service infrastructure. Established in 1991, Theeb has since built a strong reputation and a wide network of branches, becoming a key player in the Saudi market and an active contributor to achieving the Vision's objectives by providing reliable and modern transportation solutions.
The importance of expansion and its expected impact
With the opening of these two new branches, the company's total number of branches in the Central Region rises to 18, while its overall network across the Kingdom reaches 69 branches. This expansion not only strengthens the company's market share but also facilitates customer access to its services, whether they are residents of these areas or visitors. Locally, the opening of these new branches contributes to the creation of direct and indirect job opportunities and enhances market competition, which positively impacts the quality of services provided to the end consumer. Regionally, strengthening the branch network in the capital and surrounding governorates supports intercity travel, boosts domestic tourism, and facilitates business travel.
In a statement, Naif bin Mohammed Al-Dheeb, CEO of Theeb Rent a Car, affirmed that “the opening of the two new branches in Riyadh and Al-Majma’ah represents a significant step in our expansion plans in the Central Region and reflects our commitment to providing high-quality services that meet the aspirations of our customers in various cities.” Al-Dheeb added, “We value our strategic partnership with Al-Bassami Transportation Company, which plays a pivotal role in supporting our fleet and enhancing our operational readiness, enabling us to continue growing and providing the best possible customer experience.” The opening ceremony of the Al-Qadisiyah branch was attended by a number of guests from Al-Bassami, the strategic and logistics partner, as well as Theeb Rent a Car employees, underscoring the depth of the relationship between the two companies and its importance in achieving shared objectives.
