Theeb Rent a Car Receives Excellence Award for the Implementation of Good Governance from Alfaisal University

Theeb Rent a Car has received an award at the Fourth Annual Conference on Good Governance, organized by the Corporate Governance Center at Alfaisal University, held in Riyadh from 17 to 18 December 2025, with the participation of a distinguished group of academic leaders, experts, and specialists from within the Kingdom of Saudi Arabia and abroad.

The conference was held under the theme “Good Governance for Productivity, People, and the Planet,” and was attended by Her Royal Highness Princess Dr. Maha bint Mishari bin Abdulaziz, Vice President of Alfaisal University for External Relations and Development, along with a number of senior officials and dignitaries.

The award was presented by His Excellency Dr. Mohammed Al-Hayaza, President of Alfaisal University, to Mr. Naif Al-Theeb, CEO of Theeb Rent a Car, in recognition of the company’s efforts and excellence in improving its performance in the application of governance standards. The award falls within the category of companies that have demonstrated distinguished progress in enhancing their governance practices over the past two years.

In this context, Mr. Naif Al-Theeb, CEO of Theeb Rent a Car, expressed his pride in this achievement, stating:

“We are proud that Theeb Rent a Car has received this award, which represents a culmination of our continuous efforts to develop our corporate governance framework and enhance operational performance in line with the highest professional standards. This recognition reflects our firm commitment to adopting effective governance practices that contribute to sustainability, enhance the company’s value for shareholders and customers, and support the objectives of the Kingdom’s Vision in building more efficient and transparent institutions.”

This recognition underscores Theeb Rent a Car’s commitment to implementing best practices in corporate governance and strengthening the principles of transparency, accountability, and sustainability, in line with regulatory expectations and in a manner that enhances the confidence of partners and customers, while contributing to sustainable and balanced growth.

The company affirmed that this achievement serves as a strong incentive to continue promoting a culture of governance and applying global best practices, further reinforcing Theeb Rent a Car’s position as one of the leading national companies in the car rental sector in the Kingdom of Saudi Arabia.