Breaking NewsMENA BeehiveNews expands into Saudi Arabia

Dubai: UAE-based an online auto marketplace for used car sales, will be expanding into Saudi Arabia used car buying market with the launch of the new Kayishha online platform.

The company’s entry into the Saudi market is supported by their recent USD 35 million investment, led by Saudi Arabia’s Sanabil Investments, a subsidiary of the Public Investment Fund (PIF), Gulf Investment Corporation (GIC), a sovereign financial institution-owned equally by the six GCC states, and Olayan Financing Company.

Kayishha will integrate the core value proposition and advanced technology engine with an international dealer buying network and auto inspection locations to enable people across the country to sell any make, model, or year car in any condition within 30 minutes at fair market value.


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