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Welsh company Finalrentals and UAE’s Autorent join forces to transform car rentals in the UAE

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Finalrentals, a leading global car rental network from Wales, has partnered with Autorent, the car rental division of Bahwan International Group, to revolutionise the car rental experience for millions in the UAE and the wider region. This strategic alliance marks a significant milestone, with Autorent officially taking on the Finalrentals franchise for the UAE. Together, the two brands aim to deliver innovative, customer-centric solutions that redefine the car rental landscape in the region.

Speaking about the partnership during the official signing of the MoU between the two companies on Wednesday, Ammar Akhtar, founder and CEO of Finalrentals, said: “We are proud to welcome Autorent as our franchise partner in the UAE. As a brand under Bahwan International Group, Autorent brings a legacy of excellence and innovation that perfectly aligns with our mission to empower car rental businesses through cutting-edge technology. Together, we are committed to transforming the car rental experience for customers in the UAE.” The event brought together key stakeholders from both organisations, emphasising their shared vision for excellence and growth.

Paulo Fernandes, COO of Autorent, commented: “Partnering with Finalrentals marks an exciting chapter for Autorent and Bahwan International Group. By combining our local expertise with Finalrentals’ innovative digital solutions, we aim to deliver a seamless and superior car rental experience for our customers.”

Autorent Car Rental LLC is one of the Middle East’s leading auto rental and leasing service companies with a track record of delivering exceptional customer experience. With a growing presence in over 16 prime locations across 12 cities in the UAE, Bahrain, KSA, and Oman, Autorent has been helping its customers get on the road faster with truly hassle-free car rentals and leasing with a fleet of more than 13,000 cars.

Shakil Ahmad Khan, vice president of Autorent, highlighted the significance of this partnership: “Our collaboration with Finalrentals reflects Bahwan International Group’s commitment to fostering innovation and delivering exceptional value. We are excited to work together to elevate the car rental experience and set new benchmarks in the UAE.”

Headquartered in Wales, Finalrentals has been revolutionising the global car rental industry through innovative and proprietary technology, connecting thousands of customers with hundreds of local car rental businesses worldwide in more than 30 countries including Turkey, Jordan, Saudi Arabia and Qatar, offering them a seamless platform to search for and hire vehicles.

“Expanding into the UAE is a pivotal moment for Finalrentals. The country’s dynamic market, thriving tourism sector, and forward-thinking business ecosystem make it the perfect landscape for innovation in mobility solutions. This move not only strengthens our global footprint but also allows us to bring seamless, technology-driven car rental experiences to a key international hub,” added Akhtar, who founded Final Rentals in 2019. “Last year, Dubai alone welcomed over 16.79 million international visitors between January and November, reflecting a 9% increase compared to the same period in 2023. This surge underscores Dubai’s and UAE’s position as a premier destination for both leisure and business travelers, highlighting the immense potential for growth in the car rental industry.”

The partnership is further bolstered by Akhtar’s involvement in the Welsh Government Economic Trade Mission, a prestigious initiative supported by the UK Government’s Department for Business and Trade. The trade mission underscores the importance of fostering international collaborations to drive business growth and innovation.

By combining advanced technology with a focus on exceptional customer service, both Finalrentals and Autorent aim to transform the car rental experience for millions of residents in the UAE and tourists from the wider region.

Visit www.finalrentals.com for more information.

As a trainee reporter and creative lead, I focus on curating engaging content and managing the social media presence for the company. I aim to connect audiences with relevant, impactful news through multiple digital platforms.

Business

UAE budget airline launches direct flights to Almaty from June

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Air Arabia Abu Dhabi has announced a new direct route to Almaty, Kazakhstan, from Zayed International Airport, further expanding its international network. The new service will commence on June 3, 2025, with flights operating three times a week.

Adel Al Ali, Group CEO of Air Arabia, expressed enthusiasm about the launch, stating, “This expansion strengthens connectivity between Abu Dhabi and key global markets.”

He further emphasized the airline’s role in supporting Abu Dhabi’s growth as a tourism and business hub, noting that the new service caters to the increasing demand for budget-friendly travel while enhancing passenger convenience.

With the addition of Almaty, Air Arabia Abu Dhabi now offers direct flights to 30 destinations, giving travellers more choices for regional and international journeys.

Why Visit Almaty?
Almaty, Kazakhstan’s largest city, is renowned for its stunning natural landscapes, vibrant markets, and rich cultural heritage. The city is an ideal destination for both leisure and business travellers, offering a mix of scenic beauty and modern urban experiences.

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UAE named world’s best place for entrepreneurs

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The United Arab Emirates has once again been crowned the best place in the world for entrepreneurs, topping the Global Entrepreneurship Monitor (GEM) Report 2024/2025 for the fourth year running.

Outperforming 56 economies, the UAE has cemented its status as the ultimate hub for startups and small businesses, thanks to pro-business policies, easy access to funding, and a thriving investment scene.

UAE Leads in Business-Friendly Policies

The report reveals that the UAE ranks No.1 among high-income countries in 11 out of 13 key areas, including:

  • Access to finance – Securing business funding has never been easier.
  • Government backing – Tax benefits, reduced red tape, and strong policies to support startups.
  • Education & training – Top-tier entrepreneurial learning from school to university.
  • Market access – Fewer regulatory hurdles mean faster business growth.
  • Tech & innovation – Cutting-edge research and development support.

Leadership’s Vision for a Global Business Hub

Alia bint Abdullah Al Mazrouei, Minister of State for Entrepreneurship, hailed the UAE’s achievement, calling it proof of the country’s bold vision and leadership’s commitment to making it the best place for businesses to start, scale, and succeed.

She highlighted that the UAE is not just leading the region but making waves on the global stage, with ambitious plans under the “We the UAE 2031” vision to become the world’s premier destination for SMEs and the new digital economy.

What’s Driving the UAE’s Success?

The report credits several game-changing policies and investments, including:

$8.7 billion poured into innovation and SME growth under the Projects of the 50 initiative.
100% foreign ownership of businesses – making the UAE a magnet for global entrepreneurs.
Record-breaking foreign investment in 2023, proving confidence in the UAE’s economy.

Entrepreneurial spirit is alive and kicking:

  • 67% of adults know an entrepreneur or believe they have the skills to start a business.
  • 70% of Emiratis see strong opportunities for launching their own ventures.
  • 78% of new entrepreneurs prioritise social and environmental impact.
  • 75% of startup founders plan to hire at least six employees in the next five years.
  • 80% aim to go digital, keeping up with the latest business trends.
  • 55% of UAE entrepreneurs already serve international customers, strengthening the UAE’s status as a global business powerhouse.

UAE Officially the Best Business Environment

On top of ranking first in the GEM report, the UAE also topped the National Entrepreneurship Context Index (NECI), proving it has the most supportive environment for startups and businesses.

(Source: Wam)

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Trump tariff effect: Abu Dhabi bourse dips as Dubai gains

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Abu Dhabi bourse ended lower on Wednesday after the holidays, taking its cue from the global equity markets, as investors awaited details of US President Donald Trump’s tariff plans.

The Abu Dhabi stock market index fell by 0.4% ahead of President Trump’s announcement on reciprocal tariffs, reflecting investor concerns over a potential global trade war. Conversely, Dubai’s main share index experienced a slight gain of 0.3% on the same day.

The White House is set to reveal new reciprocal tariffs at 2000 GMT on Wednesday. These tariffs are expected to take effect immediately after Trump’s announcement, leaving investors fretting over the risks of an intensifying global trade war.

While the tariffs pose challenges, particularly for the aluminium sector, the UAE’s proactive measures, including boosting exports ahead of tariff implementations and making substantial investments in the US, demonstrate its strategic approach to navigating the complexities of international trade policies.

(Source: Reuters)

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