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The business will operate at Muscat, Salalah, and Duqm airports.
Read More →SIXT operates in Oman through the company Moosa Abdul Rahman Hassan & Co. and its car rental specialist Moosa Car Rentals LLC as franchisees.
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The San Francisco-based ride-hailing firm will pay $1.4 billion in cash and $1.7 billion in convertible notes.
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According to sources, who declined to be named because the talks are private, the companies have discussed numerous potential deal structures, but haven’t come to a final agreement.
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As of now, only licensed taxi drivers are driving for the ride-hailing group, although it plans to add private cars later.
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Quick Lease Car Rental offers a selection of over 30 vehicle models, such the Nissan Sentra and Lamborghini Aventador Roadster.
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The expansion will initially aim to provide car rental services at all the major airports.
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Enterprise Holdings Inc. has announced its entrance into Armenia with new franchise partner TravelCar. With this partnership, Enterprise intends to also operate in the nearby country of Georgia.
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A sustained period of low oil prices has slowed new development in the region, and service industries are processing the impact.
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The fourth edition of Auto Rental News International — focused on the Middle East/Africa region — is now available online.
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