
Dubai Taxi Company PJSC
Pressreleases, Reports and Disclosures for Dubai Taxi Company PJSC
Dubai Taxi Company has announced the final list of nominees for the Board of Directors, following the closure of the nomination period and a review by the Nomination and Remuneration Committee. The nominees are confirmed to meet the regulatory requirements for election at the General Assembly Meeting on October 20, 2026. The list includes both non-executive/independent and independent candidates: 1. H.E. Abdulmuhsen Ibrahim Abdulrahman Younus Kalbat 2. Ahmad Ali Mohammed Altheib Alkaabi 3. H.E. Abdulla Mohammed Abdulla Saeed Bin Damithan Alqemzi 4. Dr. Hanan Sulaiman Mohamed Khalifa Alsuwaidi 5. Shehab Hamad Abdulla Hamad Bushehab 6. Essa Abdulla Khamis Bin Natoof Alfalasi 7. Yousuf Ahmad Ali Saeed Bin Ghulatia Almheiri 8. Ayoub Mohamed Amin Ahmed Kazim 9. Ahmed Abdelazim Mursy Salem 10. Najla Ghuloom Ali Karam 11. James Robert Babb 12. Sheikha Hend Faisal Khaled Khaled Alqassimi 13. Ashraf Ahmed Abdelhamid Megahed 14. Mohamed Juma Mohammed Juma Albahar 15. Ahmed Khalifa Saif Khalifa Al Qubaisi The announcement was made by Vicken Khochafian, Group Board Secretary & Governance Director, with a copy sent to the Capital Market Authority.
Dubai Taxi Company PJSC has announced the opening of nominations for its Board of Directors. The nomination period will run from September 14 to September 24, 2026, closing at 11:59 p.m. UAE Time. Interested and eligible candidates can apply through the company's Board Elections Portal either by completing an online application or downloading the necessary forms and submitting them via email. Each application must include a nominee profile, qualifications, professional experience, and the capacity in which they are nominated, along with all required legal documents. Seven board seats are available, and nominees must meet specific legal and company requirements. The final list of eligible nominees will be published after the nomination period ends, and late or incomplete applications will not be considered.
Dubai Taxi Company P.J.S.C. has announced that the Capital Market Authority has approved the publication of the invitation for the company's General Assembly Meeting and the opening of nominations for the Board of Directors. The meeting is scheduled for October 20, 2026, at 3:00 p.m. via electronic participation. The nomination period for the Board of Directors will be open from September 14, 2026, to September 24, 2026. The invitation, including the agenda and related notes, will be published according to regulatory requirements.
The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on September 8, 2026, at the company's headquarters, achieving quorum. During the meeting, the board approved convening a General Assembly Meeting to elect a new Board of Directors for a three-year term. This includes opening nominations for board membership and making related election arrangements, pending approval from the Capital Market Authority. Details of the General Assembly Meeting and the nomination period will be announced after obtaining the necessary regulatory approvals. Additionally, other operational and internal matters were discussed.
The Dubai Taxi Company P.J.S.C. has scheduled a Board of Directors meeting for September 8, 2026, at 3:00 PM at the company's headquarters. The meeting agenda includes discussions and potential approvals regarding the convening of a General Assembly Meeting for the election of the company's Board of Directors and other operational and internal matters. The notification is signed by Vicken Khochafian, the Group Board Secretary and Governance Director, with a copy sent to the Capital Market Authority.
Dubai Taxi Company PJSC (DTC) reported a challenging Q2 2026 due to reduced demand in airport and tourism-related services, resulting in a 24.4% decline in taxi and limousine trips compared to the previous year. However, there were early signs of demand normalization, with June trips only 11.2% below the prior year's level, improving from a 36.7% decline in April. Revenue for Q2 2026 decreased by 22.5% to AED 484.5 million, and EBITDA fell by 57.2% to AED 77.2 million, reflecting lower trip volumes. Net profit for the quarter was AED 10.4 million, with H1 2026 net profit at AED 61.1 million. The company continued executing its five-year strategy, successfully acquiring National Taxi to enhance its presence in Abu Dhabi and expand regionally in Ajman and Abu Dhabi. Despite the challenging environment, DTC maintained resilient operations with no service disruptions and reported H1 2026 revenue exceeding AED 1 billion.
The document is a review report and condensed interim consolidated financial information for Dubai Taxi Company P.J.S.C. for the six-month period ending on June 30, 2026.
The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on July 23, 2026, at the company's headquarters. The meeting achieved quorum, and the following items were discussed and approved: 1. The consolidated financial statements for the first half of the fiscal year 2026. 2. The Board decided not to distribute an interim cash dividend for the first half of 2026. They will consider distributing dividends for the full fiscal year 2026 after the annual financial statements are approved, taking into account the company's financial performance, capital requirements, strategic priorities following the successful acquisition of National Taxi Company, and compliance with regulatory requirements and shareholder approval, if necessary. 3. Other operational and internal matters were also addressed. Best regards, Vicken Khochafian, Group Board Secretary & Governance Director. A copy of this communication was sent to the Capital Market Authority.
The Dubai Taxi Company PJSC will hold an earnings call on Friday, July 24, 2026, at 11:00 AM to discuss the financial results for the second quarter of 2026. The presentation will be available on the company's website prior to the meeting. The notice is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is sent by Nader Ibrahim Mugbil, Head of Investor Relations. A copy is also sent to the Securities and Commodities Authority.
A notification has been issued to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, regarding a Board of Directors meeting for Dubai Taxi Company P.J.S.C. The meeting is scheduled for July 23, 2026, at 3:00 PM at the company's headquarters. The agenda includes discussions and approvals on the consolidated financial statements for the first half of the fiscal year 2026, the distribution of cash dividends for the same period as authorized by shareholders during the annual general meeting on April 7, 2026, and other operational and internal matters. The notice is sent by Vicken Khochafian, Group Board Secretary & Governance Director, with a copy to the Capital Market Authority.
Dubai Electricity and Water Authority (DEWA) and Dubai Taxi Company (DTC) have launched Dubai's first ultra-fast electric vehicle (EV) charging hub for DTC’s electric taxi fleet. The hub, located at DTC’s headquarters in Muhaisnah 4, features 24 ultrafast charge points, each with a capacity of 360 kW, enabling the simultaneous charging of 24 vehicles in about 35 minutes. This development is part of a strategic agreement signed at WETEX 2025 to install over 200 ultrafast EV charge points for DTC's fleet, enhancing Dubai's green mobility infrastructure. The initiative supports Dubai's Green Mobility Strategy 2030 and the Net Zero Carbon Emissions Strategy 2050 by promoting sustainable and efficient transportation and reducing carbon emissions. DEWA CEO Saeed Mohammed Al Tayer emphasized the importance of strategic partnerships in advancing Dubai’s sustainability goals, while DTC Group Chairman Abdul Muhsen Ibrahim Kalbat highlighted the role of such collaborations in DTC's growth and commitment to innovative mobility.
On July 8, 2026, Dubai Taxi Company PJSC disclosed an agreement to acquire 100% of the issued share capital of National Taxi LLC, a UAE taxi operator with over 2,500 licensed plates in Dubai, Abu Dhabi, and Al Ain. The acquisition cost is AED 1,449,049,648, finalized on July 7, 2026, after applying a locked-box adjustment mechanism under the Sale and Purchase Agreement. This acquisition aligns with DTC's growth strategy, allowing it to increase its market share in Dubai and enter the Abu Dhabi market. It is expected to enhance earnings and dividends from the first full year of ownership, with additional benefits anticipated from identified synergies.