Dubai Taxi Company PJSC

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on Wednesday, November 26, 2025, at 3:00 pm at the company's headquarters. The meeting achieved quorum, and the board discussed and approved the company's budget for the fiscal year 2026, along with other operational and internal matters. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is also copied to the Securities and Commodities Authority.

A notification has been issued to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, regarding an upcoming Board of Directors meeting for Dubai Taxi Company P.J.S.C. The meeting is scheduled for Wednesday, November 26, 2025, at 3:00 PM at the company's headquarters. The agenda for the meeting includes the review and approval of the company's budget for the fiscal year 2026, as well as discussions on other operational and internal matters. The notification is signed by Vicken Khochafian, the Board Secretary and Governance Director, with a copy sent to the Securities and Commodities Authority.

Dubai Taxi Company PJSC (DTC) reported strong financial results for Q3 2025, with a net profit increase of 28% year-on-year to AED 76.4 million. The company completed 13.1 million trips in its taxi and limousine segments, a 7% rise from the previous year. Revenue for the quarter grew by 15% to AED 585.3 million, while EBITDA rose by 23% to AED 151.4 million, with a margin increase of 2 percentage points compared to Q3 2024. A dividend of AED 160.7 million for the first half of 2025 was distributed in August. DTC also launched a strategic partnership with Kabi to advance mobility in the UAE. The company's taxi segment saw a 12% revenue increase to AED 506.0 million, supported by fleet expansion and high utilization, with a total operational fleet of 6,215 vehicles, including 401 fully electric ones, as of September 2025.

The document is a review report and condensed interim consolidated financial information for Dubai Taxi Company P.J.S.C. It covers the financial performance and position of the company for the nine-month period ending on September 30, 2025.

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on November 10, 2025, at 3:00 pm at the company's headquarters. The meeting achieved quorum, and the board addressed and approved the condensed consolidated financial statements for the third quarter of the fiscal year 2025, along with other operational and internal matters. The communication was signed by Vicken Khochafian, the Board Secretary and Governance Director, and a copy was sent to the Securities and Commodities Authority.

The Dubai Taxi Company PJSC will hold an earnings call on Tuesday, November 11, 2025, at 3:00 PM to discuss the financial results for the third quarter of 2025. The presentation will be available on the company's website prior to the meeting. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is sent by Nader Ibrahim Mugbil, Head of Investor Relations, with a copy to the Securities and Commodities Authority.

The Dubai Taxi Company P.J.S.C. has scheduled a Board of Directors meeting for Monday, November 10, 2025, at 3:00 pm at the company's headquarters. The agenda includes reviewing and ratifying the Condensed Consolidated Financial Statements for the third quarter of the fiscal year 2025, as well as discussing other operational and internal matters. This notification was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and was issued by Vicken Khochafian, the Board Secretary and Governance Director. A copy of the notification was also sent to the Securities and Commodities Authority.

Dubai Taxi Company (DTC) has formed a strategic partnership with Keeta, a subsidiary of China's Meituan, to advance last-mile delivery services in Dubai. The agreement, signed at GITEX in Dubai, aims to enhance delivery logistics, particularly in the e-commerce and quick-commerce sectors, aligning with DTC's growth strategy. Initially, DTC will deploy 150 delivery motorbikes, with plans to increase to 500 by the end of the year, projecting over AED 10 million in revenue in the first year. The partnership will also explore the integration of drones and autonomous vehicles into delivery operations. DTC's delivery segment saw significant growth, with Q2 2025 revenues rising 102% year-on-year to AED 18.2 million.

Dubai Taxi Company and Kabi by Al Ghurair, two major taxi operators in Dubai, have formed a strategic alliance to enhance urban mobility in the UAE. This collaboration includes the integration of their taxi fleets, totaling 9,880 vehicles, into the e-hailing platforms Bolt and Zed. The agreement, signed by the CEOs of both companies, aims to improve ride-hailing services by increasing availability and reducing waiting times. This initiative aligns with the Dubai Government's goal to convert 80% of taxi trips to e-hailing as part of a broader vision for smart mobility and sustainability. The partnership seeks to expand access to taxis and improve the overall customer experience in line with growing demand.

On September 24, 2025, the Board of Directors of Dubai Taxi Company P.J.S.C. issued a Board Resolution by Circulation to approve certain internal matters related to the company's business operations. The communication was addressed to Mr. Hamed Ahmed Ali, the CEO of the Dubai Financial Market, and was signed by Vicken Khochafian, the Board Secretary and Governance Director. A copy was also sent to the Securities and Commodities Authority.