A Leading Saudi car rental and leasing company gathers momentum with the signing of three new strategic alliances as part of its ambitious regional expansion.



Jeddah-based Hanco, one of the Middle East’s largest and fastest growing car rental and leasing companies, has signed the strategic alliance agreements at the Arabian Travel Market (ATM) 2013 with several Gulf-based tour operators.



The signing follows the announcement earlier this week of the launch of the group’s Dubai office, its first outside of the Kingdom, which marked the start of Hanco’s strategic expansion in the GCC, with five more offices opening for 2013.



The new strategic alliances cover operations in both Saudi Arabia and the UAE, with agreements signed between Hanco and Jeddah-based Haj and Umrah tour operator Mamlakat Al-Asfar Travel & Tourism, Qasswa Travel & Tourism Company which is also based in Jeddah and the UAE’s Lama Group of Companies.



“In taking our successful business model into neighboring markets, as well as capitalising on new opportunities within the Kingdom, we are delighted to be providing renowned Hanco service and fleet capability solutions to some of the region’s leading tour operators and Haj and Umrah specialists.



This trio of signings is another step in our strategic journey, taking Hanco to new markets and developing our reputation as a market leader,” said Hamad Al-Sulaiman, CEO & Managing Director, Hanco.



All three agreements cover the provision of both self-drive and chauffeur-driven vehicles.



Hanco currently offers fleet management, Haj and Umrah services, equipment rental and logistics support in Saudi Arabia, while rental, operating lease, limousine and bus transportation services are part of both its KSA operation and new UAE presence. — SG