Riyadh-Mubasher: United International Transportation Company (Budget Saudi Arabia) acquired an exclusive license regarding Payless Car Rental, according to a statement.
The 10 and half-year agreement is for renting cars across Saudi Arabia, starting 30 June, 2016 and ending 31 December, 2026.
This agreement will have a positive impact on the coming revenues, the company added in the statement.
It is noteworthy that Payless is a subsidiary of AVIS Budget Group (ABG) that will run the new business of renting low-cost cars across the kingdom.
