Business · Companies · 5 hrs ago
Saudi Arabia issues more than 25 million electronic car rental contracts
Saudi Arabia's Transport General Authority says more than 25 million electronic car rental contracts have been issued since the system began in early 2022.
The count covers contracts issued to individuals through the end of the third quarter of 2026.
The electronic contract is legally enforceable and records the terms and obligations agreed by renters and rental businesses.
Over the same period, the number of rental vehicles rose by 83%, while the number of service locations increased by 66%.
Riyadh accounted for 32% of contracts, followed by Makkah at 24% and the Eastern Province at 15%.
The system is intended to protect both sides and reduce disputes by documenting agreements and checking that businesses and vehicles meet regulatory requirements.
The authority says it will continue working to improve regulation and service quality and support investment in the sector.
Saudi Arabia’s Transport General Authority said more than 25 million electronic car rental contracts had been issued by the end of the third quarter of 2026.
The electronic contract was adopted and put into use in early 2022 as an enforceable instrument.
The number of vehicles in the car rental activity grew by 83% over the same period, while rental service locations increased by 66%.
Riyadh accounted for 32% of contracts issued, followed by Makkah at 24% and the Eastern Province at 15%.
The authority said the contracts help protect the rights of both parties, reduce disputes and make rental procedures more efficient.
- Who
- Saudi Arabia’s Transport General Authority.
- What
- More than 25 million electronic car rental contracts had been issued.
- When
- From the start of adoption in early 2022 through the end of the third quarter of 2026.
- Where
- Saudi Arabia.
- Why
- To develop the car rental activity, improve the reliability of transactions and protect the rights of the parties to rental contracts.
This story does not have two clearly opposing sides.
Saudi Arabia adopted the electronic car rental contract and began using it as an enforceable instrument.
More than 25 million electronic car rental contracts had been issued since adoption.
The Transport General Authority announced the contract total.
- Contracts issued
- More than 25 million
- Measurement period
- Early 2022 to the end of the third quarter of 2026
- Vehicle growth
- 83%
- Rental service location growth
- 66%
- Share of contracts
- Riyadh 32%; Makkah 24%; Eastern Province 15%