Industry / United Arab Emirates
Fast Rent A Car Invests AED45mn In Bus Division
October 2009 | Company BriefNews: UAE-based car rental company Fast Rent A Car has announced that it will invest AED45mn (US$12.25mn) in its specialised bus leasing division in 2009. Growing demand for its buses has prompted the rental company to invest in the division to more than double its fleet size. The company has invested AED15mn (US$4.08mn) to add 44 buses to its 120-strong fleet. Another AED30mn (US$8.17mn) will be invested in around 100 more buses.
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