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Trades about 40% below its sector, cheaper than its peers on earnings.
Lumi Rental Company is a prominent Saudi Arabian entity specializing in a broad spectrum of transportation and equipment services. Its core offerings include short-term smart vehicle and motorcycle rentals, alongside long-term leasing solutions tailored for both corporate and governmental organizations. The company extends its transportation expertise to include limousine services and bespoke transport packages for special occasions and events, as well as providing ground passenger transit within urban and suburban areas. Beyond its rental and leasing portfolio, Lumi is also active in vehicle sales, including new and pre-owned automobiles, along with the provision of vehicle parts and accessories. Comprehensive vehicle maintenance and repair services are also part of its operations. Further diversifying its business, Lumi engages in the rental of leisure, sports, and industrial machinery equipment, and operates as a tour provider. Established in 2007 in Riyadh, Saudi Arabia, the company adopted its current name, Lumi Rental Company, in 2019, having previously operated as Al Tayyar Rent a Car Limited. It functions as a subsidiary under the umbrella of Seera Holding Group.
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