Dubai Taxi Company
Trips from Dubai Airports may exceed 8 million by 2029, generating AED2.5 billion revenue
Limousine segment saw revenue increase by a healthy 8 percent to AED124.5 million in 2024, supported by the expansion of its fleet
The strategy entails expanding into limousine services and delivery while maintaining taxi market leadership
EBITDA grew 20 percent YoY during this period to $117.6 million
This acquisition raises the company’s fleet to nearly 6,000 vehicles, increasing its market share to 46 percent
The company's taxis and limousines completed 23 million trips, up 4 percent compared to H1 of 2023
Strategic acquisition of 94 new license plates solidifies commitment to growth
Growth fueled by IPOs and online trading trends
New fund aims to enhance financial stability and generate returns
Company's eighth IPO advisory role in GCC in 2023
