Bolt has expanded its ride-hailing services into Abu Dhabi, marking a new phase in its partnership with Dubai Taxi Company (DTC). This move is part of the ongoing growth in e-hailing services within the UAE, where DTC reported a 24% increase in such activities in 2025. Initially, Bolt will offer limousine services in Abu Dhabi, with plans to introduce taxi services shortly after. Vasilis Hadjiaslanis, General Manager of Bolt UAE, expressed enthusiasm about the expansion, highlighting the demand for convenient, app-based mobility services in the region. The first quarter of 2026 saw a 9% increase in e-hailing activity, indicating the sector's growth potential.

The Dubai Taxi Company PJSC has scheduled an analysts' call on Thursday, May 14, 2026, at 2:00 PM to discuss the acquisition deal of National Taxi LLC. The presentation for this meeting will be available on the company's website prior to the call. The communication is addressed to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. Nader Ibrahim Mugbil, Head of Investor Relations, signed the notice.

Dubai Taxi Company (DTC) has announced a Sales and Purchase Agreement to acquire National Taxi, a prominent UAE taxi operator with over 2,500 licensed plates in Dubai and Abu Dhabi. This acquisition is subject to customary closing conditions and regulatory approvals. The deal is expected to increase DTC's market share in Dubai by approximately 12% and provide a significant entry into the Abu Dhabi market with a similar share. National Taxi reported net revenue of AED 774 million, EBITDA of AED 183 million, and a net profit of AED 101 million for the fiscal year ending July 31, 2025. The acquisition, valued at AED 1.45 billion, will be funded through new bank debt facilities without issuing new equity, ensuring no dilution for existing shareholders. The transaction is expected to be earnings accretive from the first full year and is anticipated to complete by Q3 2026, pending regulatory approvals from the Roads and Transport Authority in Dubai and the Integrated Transport Centre in Abu Dhabi.

Dubai Taxi Company PJSC is set to acquire 100% of the issued share capital of National Taxi LLC, a UAE taxi operator, which has over 2,500 licensed plates in Dubai, Abu Dhabi, and Al Ain. The transaction's enterprise value is approximately AED 1.45 billion, although the final acquisition value may change due to a lockbox mechanism. National Taxi is known for its strong financial performance, and this acquisition aligns with Dubai Taxi Company's growth strategy. It is expected to significantly increase their market share in Dubai and allow entry into the Abu Dhabi market. The acquisition is anticipated to be earnings and dividend accretive from the first full year, with additional benefits from identified synergies.

The Dubai Taxi Company PJSC will hold an analysts' call on Thursday, May 14, 2026, at 2:00 PM to discuss the acquisition deal of National Taxi LLC. The presentation for the meeting will be available on the company's website beforehand. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and includes a courtesy copy to the Securities and Commodities Authority. The message is signed by Nader Ibrahim Mugbil, Head of Investor Relations.

On May 13, 2026, the Board of Directors of Dubai Taxi Company P.J.S.C. approved the acquisition of National Taxi LLC. This decision was made by circulation and is subject to the terms and conditions outlined in the Sale and Purchase Agreement, including related financing arrangements. The acquisition is considered a significant strategic move to support the company's growth and expansion plans. Additional details about the transaction, including key terms, structure, and expected financial impact, are provided in the enclosed Material Disclosure Form. This disclosure complies with relevant regulatory requirements. The communication is signed by Vicken Khochafian, Group Board Secretary and Governance Director, with a copy sent to the Capital Market Authority.

The Dubai Financial Market's Chief Executive Officer, Mr. Hamed Ahmed Ali, has been notified that the Board of Directors of Dubai Taxi Company P.J.S.C. will issue a resolution by circulation on May 13, 2026. This resolution will address certain strategic matters and major projects of the company, which will be approved if deemed appropriate. The notification was sent by Vicken Khochafian, the Group Board Secretary and Governance Director, with a copy to the Capital Market Authority.

Dubai Taxi Company PJSC (DTC) reported its financial results for Q1 2026, highlighting a 16% increase in its operational fleet by 1,545 vehicles, supporting capacity growth. In January and February, revenue grew by 10% and EBITDA by 17% year-on-year. However, March saw a decline due to regional uncertainty, with revenue decreasing by 6% and EBITDA by 22% year-on-year. Despite this, DTC continues to execute its five-year strategic plan, expanding e-hailing capacity and launching autonomous ride-hailing services in Dubai with Baidu's Apollo Go. The company also acquired 600 new taxi plates, increasing its market share to 47%. A final cash dividend of AED 142.0 million for H2 2025 was approved, contributing to a 7.5% increase in total dividends for FY 2025 compared to FY 2024. DTC remains confident in Dubai's long-term economic fundamentals, which support demand in the mobility sector.

The document is a review report and condensed interim consolidated financial information for Dubai Taxi Company P.J.S.C., covering the three-month period ending on March 31, 2026.

On May 7, 2026, the Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting at the company's headquarters at 3:00 pm, achieving quorum. During the meeting, the board approved the consolidated financial statements for the first quarter of the fiscal year 2026 and reviewed strategic matters and major projects of the company. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and was signed by Vicken Khochafian, the Group Board Secretary and Governance Director. A copy was also sent to the Capital Market Authority.

The earnings call for Dubai Taxi Company PJSC, initially scheduled for today, has been postponed due to the delay in the Board of Directors meeting. The new date for the earnings call is set for Friday, May 8, 2026, at 11:00 AM, and will cover the financial results for the first quarter of 2026. The presentation will be available on the company's website prior to the meeting. The communication is from Nader Ibrahim Mugbil, Head of Investor Relations, and a copy has been sent to the Securities and Commodities Authority.

The text is a notification addressed to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market, informing him about the postponement of a Board of Directors meeting for the Dubai Taxi Company. The meeting, originally scheduled for Tuesday, May 5, 2026, has been rescheduled to Thursday, May 7, 2026, at 3:00 pm at the company's headquarters due to unforeseen circumstances. The agenda for the meeting remains unchanged. The notification is signed by Vicken Khochafian, the Group Board Secretary and Governance Director, with a copy sent to the Capital Market Authority.