dubai taxi

Dubai Taxi Company PJSC provides comprehensive mobility solutions in Dubai, and is the largest taxi operator in the emirate with a 46 percent market share as of February 2024. It was established as a taxi company in 1994, with operations starting in 1995 with 221 taxi cars. The company went for an IPO in late 2023, offering 24.99 percent of its share capital. The IPO was oversubscribed 130 times, with total demand clocking over AED150 billion, a record for the Dubai Financial Market that time.

Dubai Taxi Company secures 300 new plates, projects $27.2 million in extra annual revenue

This acquisition raises the company’s fleet to nearly 6,000 vehicles, increasing its market share to 46 percent

Dubai’s taxi sector hits 55.7 million journeys, serving 96.9 million passengers in H1 2024

E-bookings accounted for 40 percent of the total number of taxi journeys in Dubai during the first half of this year