Dubai-Based Udrive to Provide Services in Saudi Arabia

Dubai-Based Udrive, per-minute and daily car rental platform, will expand its operations in Saudi Arabia.

This will cater to the growing demand from residents, tourists, students and start-ups in the kingdom and create a convenient travel experience at affordable prices.

The first city in Saudi Arabia will be Riyadh, and the company plans to open fleets in Jeddah and other cities in the kingdom in 2023.

Nicholas Watson, co-founder and chief executive of Udrive, said:

We believe our car-sharing model will reduce commuting costs for residents, tourists, students and start-ups while supporting the nation’s long-term development goals by reducing vehicle emissions and decreasing pressure on infrastructure

Users will be able to drive for 0.60 Saudi rials ($0.16) per minute or 130 rials ($34.58) per day - for up to 200 kilometres.

Since the start of the coronavirus pandemic, Udrive has tripled its fleet and aims to deliver triple-digit growth in the region over the next 12 months. Earlier this year, the company raised $5 million in a bid to expand its operations in the MENA region.