Dubai Taxi Company PJSC

Dubai Taxi Company PJSC

Pressreleases, Reports and Disclosures for Dubai Taxi Company PJSC

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Dubai Financial Market News
Disclosure: Press release

Dubai Taxi Company PJSC (DTC) announced that its shareholders approved a final cash dividend of AED 142.0 million for the second half of 2025, equivalent to 5.68 fils per share, during the Annual General Meeting. This brings the total dividend for the fiscal year 2025 to AED 302.7 million, marking a 7.5% increase from the previous year. The dividend distribution aligns with DTC's policy of paying out at least 85% of annual net profit on a semi-annual basis. The approval underscores DTC's strong performance and commitment to providing attractive returns to shareholders, amidst regional uncertainties and strong economic fundamentals in Dubai.

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Dubai Financial Market News
Disclosure: Resolutions of General Assembly

Dubai Taxi Company held its Annual General Meeting on April 7, 2026, at the Intercontinental Hotel in Dubai Festival City, with an option for electronic participation. The meeting achieved a legal quorum, and the following resolutions were approved by a majority of votes: 1. Appointment of Mr. Vicken Khochafian as the Secretary for the Meeting and LUMI as the Vote Collector. 2. Approval of the Board of Directors' Report on the company's activities and financial position for the fiscal year ending December 31, 2025. 3. Approval of the independent external auditor’s report for the fiscal year ending December 31, 2025. 4. Approval of the company's balance sheet and profit and loss account for the fiscal year ending December 31, 2025. 5. Approval of the Board of Directors’ proposal to distribute cash dividends for the second half of the fiscal year ending December 31, 2025, amounting to AED 141,990,888 (5.68 Fils per share), representing 85% of the net profit for the period. The total cash dividends declared for the fiscal year 2025 amount to AED 302,660,217, representing 12.11% of the company's share capital. The Board of Directors was authorized to distribute semi-annual dividends for the first half of 2025.

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Dubai Financial Market News
Disclosure: Press release

Dubai Taxi Company and Baidu's Apollo Go have launched a driverless commercial ride-hailing service in Dubai, accessible via the Apollo Go app. This marks Apollo Go's first international app deployment. The partnership combines Baidu's autonomous technology with Dubai Taxi Company's local expertise. The initiative supports Dubai's goal of making 25% of transportation trips driverless by 2030. Initially, 50 vehicles will be available, with plans to expand to over 1,000 in the coming years. The service is available on the Apollo Go app and will extend to other platforms like Bolt as it scales up.

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Dubai Financial Market News
Disclosure: Integrated report for the year 2025
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Dubai Financial Market News
Disclosure: Notification from the company

Dubai Taxi Company has informed its shareholders about a change in the venue for the Annual General Assembly Meeting. Originally scheduled to take place at the Holiday Inn in Dubai Festival City, the meeting will now be held at the InterContinental Hotel in Dubai Festival City, Al Ras 1 Ballroom, on April 7, 2026, at 3:00 pm. The date, time, and agenda remain unchanged. The company has coordinated with the Registrar to notify shareholders via SMS and email, and the updated information will be available on the AGM website.

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Dubai Financial Market News
Disclosure: Results of BOD Meeting

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on Thursday, March 5, 2026, at 3:00 p.m. at the company's headquarters. The meeting achieved the required quorum and was conducted in person instead of remotely, as previously announced. During the meeting, internal matters related to the company's business were discussed and resolved. The communication is signed by Vicken Khochafian, Board Secretary & Governance Director, and a copy was sent to the Securities and Commodities Authority.

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Dubai Financial Market News
Disclosure: Invitation of General Assembly

The Dubai Taxi Company P.J.S.C. has received approval from the Securities and Commodities Authority to publish the invitation for its Annual General Meeting (AGM). The meeting is scheduled for April 7, 2026, at 3:00 pm at the Holiday Inn, Dubai Festival City, with an option for electronic participation. The invitation, including the meeting agenda and notes, will be published in two daily newspapers, in both Arabic and English, in accordance with regulatory requirements. The notification is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is signed by Vicken Khochafian, Board Secretary and Governance Director. A copy of the notification is also sent to the Securities and Commodities Authority.

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Dubai Financial Market News
Disclosure: BOD meeting

The Board of Directors of Dubai Taxi Company P.J.S.C. is scheduled to hold a meeting on Thursday, March 5, 2026, at 3:00 p.m. The meeting will be conducted remotely via video conferencing to discuss and resolve internal matters related to the company's business. This notification is addressed to Mr. Hamed Ahmed Ali, Chief Executive Officer of the Dubai Financial Market, with a copy sent to the Securities and Commodities Authority. The message is signed by Vicken Khochafian, the Board Secretary and Governance Director.

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Dubai Financial Market News
Disclosure: Results of BOD Meeting

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on February 23, 2026, at the company's headquarters. The meeting achieved quorum, and the following items were discussed and approved: the Board of Directors' report and the consolidated audited financial statements for the fiscal year 2025; the decision to convene the Annual General Meeting on April 7, 2026, pending approval from the Securities and Commodities Authority; the proposal to distribute cash dividends for the second half of the fiscal year 2025, totaling AED 141,990,888 (5.68 Fils per share), representing 85% of the net profit for the period, subject to shareholder approval at the AGM; the Corporate Governance Report for 2025; and other operational and internal matters. The letter was signed by Vicken Khochafian, Board Secretary and Governance Director, with a copy sent to the Securities and Commodities Authority.

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Dubai Financial Market News
Disclosure: Corporate Governance Report 2025
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Dubai Financial Market News
Disclosure: Press release regarding financial results for the year 2025

Dubai Taxi Company PJSC (DTC) reported its financial results for the fiscal year 2025, showing strong operational and financial performance. The company completed 53 million trips in the taxi and limousine segments, an 8% increase from the previous year. The operational fleet expanded by 1,708 vehicles, supporting growth across DTC's mobility segments. The EBITDA margin remained steady at 26%, and net profit rose by 7% to AED 356.1 million. The Board of Directors recommended final dividends of AED 142.0 million for the second half of 2025, totaling AED 302.7 million for the year, a 7.5% increase. DTC's revenue grew by 13% year-on-year to AED 2.47 billion, driven by fleet expansion and increased trips. The company highlighted strong execution in the first year of its five-year strategic plan, reinforcing its leadership in smart, sustainable transportation.

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Dubai Financial Market News
Disclosure: Financial statements for the year of 2025
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