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Shared mobility speeds up in GCC as global users to cross 62m by 2027

DUBAI: Shared mobility is gradually gaining a foothold in the Gulf Cooperation Council region as the automobile industry predictably joins other sectors in adapting to the sharing economy. Whether it is renting out office space, an Airbnb vacation home, or a fancy dress for a special occasion, more people around the world are embracing the concept of sharing resources and
Ash Shariqah United Arab Emirates Ar Riya Saudi Arabia Abu Dhabi Soham Shah

How Saudi Arabia's investments are driving electric vehicle adoption in the Middle East

DUBAI: Although the electric-vehicle market in the Middle East is still in its infancy, the global rollout of new EV models is accelerating their adoption in the region as governments and consumers embrace the transition away from the internal combustion engine. A new study by Goldman Sachs predicts that EVs will make up about half of new car sales worldwide by 2035. โ€œWhile
United States United Arab Emirates Red Sea Djibouti General Ash Sharqiyah Saudi Arabia

Top 10 most funded mobility-tech startups in MENA region

CAIRO: The shared mobility technology landscape, which includes ride-sharing, car-renting and taxi-ordering models, has been on the rise in the Middle East and North African region ever since global players such as Uber and Lyft rode a wave of success in the business. After producing several unicorns, the shared mobility market in the region is set to expand with a compound
New York United States United Arab Emirates New Brunswick City Of United Kingdom

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Top 15 innovative startups in the Middle East

These are exciting times for startups in the Middle East as venture capital firms and tech investors are increasingly seeking out novel ideas that can be turned into reality. To coincide with World Creativity and Innovation Day on April 21, Arab News has compiled a definitive list of the top 15 startups in the region. From the UAE to Egypt to Saudi Arabia, a new business
United Arab Emirates Jammu And Kashmir Saudi Arabia Amr Abodraia Ahmad Al Zaini Nadine Mezher

ekar launches contactless Peer-to-Peer carshare in Saudi Arabia

Ekar has launched peer-to-peer carsharing in Saudi Arabia. When their personally owned vehicles are not in use, Saudi 'hosts' can now earn money by renting them out on the ekar platform. Vehicles previously inspected and installed with a telematics unit or 'health tracker' by the companyโ€™s operations team can be instantly activated on its app.
Saudi Arabia Vilhelm Hedberg Peer To Sharing Car Sharing Car Rental Automotive Sector
Source: sme10x.com

UAE car-sharing platform ekar launches contactless vehicle rentals in Saudi Arabia

RIYADH: Middle East mobility company ekar has launched a contactless peer-to-peer car-sharing service in Saudi Arabia, reported Gulf Business. Through this facility, individuals can earn money by renting out their vehicles on the ekar platform. Ekarโ€™s entire process of renting vehicles is contactless, as the rented cars will be activated through an app, which unlocks the
Saudi Arabia Ar Riya Vilhelm Hedberg Middle East Al Ahsa Al Kharj

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