Dubai Taxi Company PJSC (DTC), a leading provider of mobility solutions in Dubai, has announced a strategic expansion in partnership with Bolt, a renowned ride-hailing service. This move marks the entry of Bolt's services into Abu Dhabi, further solidifying the partnership's footprint across the United Arab Emirates (UAE).

Having established itself as a dominant player in Dubai's taxi sector, DTC has been continually expanding its services to meet the evolving demands of its customers. With a market share of approximately 44% as of June 2023, DTC has been leveraging its strong operational capabilities to diversify its offerings. The collaboration with Bolt is a testament to this strategy, aiming to capitalize on the growing trend of digital and app-based transport services.

In the past year, DTC reported a significant 24% year-on-year increase in e-hailing activity, driven by fleet expansion and the rising adoption of digital booking channels. This momentum continued into the first quarter of 2026, with a further 9% increase in e-hailing activity. The partnership with Bolt is expected to further boost these figures, as it introduces limousine services in Abu Dhabi, followed by taxi services in the coming weeks.

Vasilis Hadjiaslanis, General Manager of Bolt UAE, expressed confidence in the expansion, highlighting the exceptional demand for reliable, app-based mobility in Abu Dhabi. He emphasized that the partnership with DTC will provide residents and visitors with a fast, convenient, and customer-centric service.

As DTC and Bolt continue to grow their presence in the UAE, the long-term growth potential of digital transport services in the region looks promising. The partnership not only strengthens DTC's market position but also enhances its service offerings, making it a compelling choice for investors looking at the mobility sector.

Given the current market dynamics and DTC's strategic initiatives, the recommendation for investors is to hold their positions. The company is well-positioned to benefit from the rising demand for digital transport solutions, but potential investors should monitor the execution of the expansion strategy and market developments closely.