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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.

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UAE fuel prices for June announced: Petrol edges closer to Dh4 a litre

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The UAE announced revised fuel prices for June 2026, with motorists set to pay significantly more for petrol while diesel costs decline compared to the previous month.

The latest adjustment is particularly notable as it marks the country’s first monthly fuel pricing update since formally leaving both OPEC and OPEC+ earlier this year.

Beginning June 1, Super 98 petrol will be priced at Dh3.95 per litre, up from Dh3.66 in May. Special 95 will rise to Dh3.83 per litre from Dh3.55, while E-Plus 91 will increase from Dh3.48 to Dh3.76 per litre.

In contrast, diesel users will benefit from a reduction, with prices falling from Dh4.69 per litre in May to Dh4.33 in June.

The latest increase extends a three-month upward trend in petrol prices, reflecting ongoing volatility in global energy markets and fluctuations in crude oil prices.

Impact on residents

For households across the UAE, fuel price movements remain a key economic indicator, influencing transportation costs, daily commuting expenses and overall household budgets. Rising petrol prices can have a noticeable impact on monthly spending, particularly for residents who rely heavily on private vehicles.

The June pricing announcement comes just weeks after the UAE officially ended its six-decade membership in OPEC and OPEC+, a move that took effect on May 1, 2026.

The revised prices will come into effect from June1, 2026.

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UAE waives Dh834 million in debt interest for low-income retirees

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In a major humanitarian initiative announced ahead of Eid Al Adha, the UAE has approved the cancellation of accumulated interest and profit charges on loans owed by low-income retirees across the country.

The financial relief package, launched under the directives of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and closely followed by Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, is being implemented by the Defaulted Debts Settlement Fund in partnership with several UAE banks. 

Valued at more than Dh834 million, the initiative is designed to ease financial pressures on 2,339 senior citizens while strengthening social stability and supporting family wellbeing across the country.

The initiative specifically targets Emirati retirees aged 50 and above who fall within limited-income categories.

Under the mechanism announced, participating banks will waive future interest and profit charges on outstanding loans while beneficiaries continue repaying only the original loan amount through flexible payment schedules.

Among the banks contributing to the initiative, Abu Dhabi Commercial Bank Group accounted for the largest share at Dh655 million, followed by First Abu Dhabi Bank with Dh150 million. Abu Dhabi Islamic Bank contributed Dh18.5 million, while Emirates NBD Group and Emirates Islamic Bank jointly provided Dh6.7 million.

Other participating institutions included Dubai Islamic Bank with Dh2.3 million, Commercial Bank of Dubai with Dh792,000, Sharjah Islamic Bank with Dh716,000 and the National Bank of Ras Al Khaimah with Dh566,000.

Officials confirmed that beneficiaries will be contacted directly by participating banks and financial institutions regarding the implementation process and revised repayment arrangements.

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Business

What the UAE’s new poultry Premium Mark label means for shoppers

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Chicken shopping in the UAE is about to change, with a new government-backed Premium Mark set to appear on selected locally produced poultry products from June.

The initiative, launched by the Abu Dhabi Quality and Conformity Council (ADQCC), aims to help shoppers quickly identify chilled chicken products that meet higher standards for food safety, quality, sustainability and production practices.

Retailers say UAE consumers are becoming far more selective about what they buy, especially when it comes to fresh poultry.

The certification will apply to producers that meet advanced standards across the poultry supply chain, including farming methods, feed quality, inspections and final product quality.

The rollout will begin in phases from June with selected Abu Dhabi poultry producers. Participation is voluntary, but industry players believe the label could strengthen consumer confidence in UAE-made products and help local brands compete more strongly against imported premium poultry.

Officials also said the framework could later expand to include eggs, dairy and red meat products.

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