logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. CTO: Star Luxury signs successful car rental partnerships during STF 25

CTO: Star Luxury signs successful car rental partnerships during STF 25

GHADA.ISMAIL
Jan 9, 2025
Star Luxury plans to expand in neighboring countries such as UAE, Turkey and Egypt

Riyadh – Exclusive Sharikat Mubasher: Walid Alyamani, Chief Technical Officer (CTO) of Star Luxury, a company specializing in logistics and VIP car rentals in Saudi Arabia, stated that the company offers its rentals for B2B and B2C, in addition to a car rental platform dedicated for individuals.

These two platforms are part of the mother company, the Golden Crown Group, along with a company for tourism and media coverage for businesses and individuals alike.

In an exclusive interview with Sharikat Mubasher during the Saudi Tourism Forum 2025, he added that the company partook in many local and global events including Leap and Formula 1 with over 300 cars.

The CTO revealed the company’s plans to expand in neighboring countries such as UAE, Turkey, and Egypt in the near future.

He further added that the STF was a great opportunity for Star Luxury to forge multiple partnerships with companies from Egypt and London as well.

Notably, the Saudi Tourism Forum in its 3rd edition is running from 7 to 9 January at the Roshn Front, Riyadh, and is expected to welcome over 100 exhibitors offering a thriving platform to explore the latest developments, showcase key investment projects, and foster skill development and partnerships to drive the growth of the tourism sector.

Tags

Star Luxury
Car rentals
STF 25
Saudi Arabia
Share

Attract clients with your ad

Start Now

Trending

Edarat Group, Dell join forces to advance Saudi Multicloud adoption
MUBASHER.SA
Stc, Ericsson sign five-year agreement to expand 5G capabilities
MUBASHER.SA
Saudi Exports signs strategic MoUs at Made in Saudi Expo 2025
MUBASHER.SA
Riyadh becomes Middle East's first Global Active City
MUBASHER.SA
JLL acquires minority stake in PIF-owned FMTECH
Riyadh – Sharikat Mubasher: Saudi Arabia’s Public Investment Fund (PIF) and global real estate services firm JLL announced that JLL will acquire a significant minority stake in Saudi Facility Management Company (FMTECH), while PIF will retain a majority holding.According to an official joint press release, the transaction remains subject to customary closing conditions.Following the transaction, FMTECH is expected to benefit from JLL’s global operating expertise, digital facilities management platforms, and international network, supporting service quality, operational efficiency, and transparency across its delivery model. The move is also intended to accelerate knowledge transfer and the localization of advanced technologies within the Saudi facilities management sector.Established by PIF in 2023, FMTECH operates as a national integrated facilities management platform, serving PIF portfolio companies alongside public and private sector clients across the Kingdom. The investment is set to deepen JLL’s presence in Saudi Arabia and builds on its existing partnership with PIF.Saad Alkroud, Head of Local Real Estate Investment at PIF, highlighted that the deal aligns with PIF’s real estate strategy and its broader mandate to drive economic diversification and urban development.Meanwhile, Neil Murray, CEO of Real Estate Management Services at JLL, noted that the partnership combines global operational capabilities with strong local market insight to meet growing demand in Saudi Arabia’s expanding real estate and infrastructure landscape.

Related News

Private Equities News
Calendar Icon
Dec 16, 2025
Edarat Group, Dell join forces to advance Saudi Multicloud adoption
Read More
Private Equities News
Calendar Icon
Dec 16, 2025
Stc, Ericsson sign five-year agreement to expand 5G capabilities
Read More
Private Equities News
Calendar Icon
Dec 16, 2025
Saudi Exports signs strategic MoUs at Made in Saudi Expo 2025
Read More
Private Equities News
Calendar Icon
Dec 16, 2025
Riyadh becomes Middle East's first Global Active City
Read More
Private Equities News
Calendar Icon
Dec 15, 2025
Riyad Air signs MoU with Huawei to advance digital capabilities
Read More
Private Equities News
Calendar Icon
Dec 15, 2025
Saudi Transport Sector attracts over SAR 280 bn in private investments
Read More
Private Equities News
Calendar Icon
Dec 15, 2025
Monsha’at, RLC team up to support retail entrepreneurs
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher