- CEO
- Fawaz Abdullah Ahmed Danish
- Full Time Employees
- 1,050
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- 6695 King Abdul Aziz Road Jeddah MC Saudi Arabia 23719-4327
- IPO Date
- Sep 1, 2007
- Business
- United International Transportation Company SJSC (4260.SR), operating primarily as Budget Saudi, provides vehicle leasing, rental, and used car sales services in Saudi Arabia. The company offers short-term local and international car rentals, long-term corporate leasing, chauffeur-driven services, limousine rentals, cross-border rentals, frequent traveler loyalty programs, pre-owned car sales including compact cars, four-wheel drives and utility vehicles, as well as heavy vehicle and equipment leasing, trading and spare parts; it also engages in goods transportation, air cargo, marine freight and vehicle maintenance. Founded in 1978 and headquartered in Jeddah, Saudi Arabia, Budget Saudi maintains a nationwide presence with over 120 rental offices, 20-plus workshops, airport locations, railway station counters and 80-plus mobile workshops across regions including the Western, Southern, Central and Eastern provinces. In recent developments, the company completed the acquisition of Al Jazira Equipment Company (AutoWorld) in 2024, significantly expanding its fleet by 47% year-over-year through this deal and organic growth, boosting its market share in car rental to 18% from 12% with a focus on long-term leasing; additionally, it acquired a major stake in GES Logistics, entered a strategic partnership with Al Jomaih & Shell Lubricating Oil Company in early 2025, and saw SEDCO Holding become a major shareholder with an 8.96% stake following a capital increase in May 2025.