Dubai Taxi Company Approves Internal Business Matters
Dubai Taxi Company P.J.S.C. announces board resolution for internal business operations.
Summary
Dubai Taxi Company P.J.S.C. has approved a board resolution for internal matters, signaling strategic growth and dominance in the Dubai mobility market.
Dubai Taxi Company P.J.S.C., a leading provider of comprehensive mobility solutions in Dubai, has recently announced the approval of a board resolution by circulation on September 24, 2025. This decision is aimed at addressing certain internal matters related to its business operations. As the dominant player in the Dubai taxi market with a 44% market share, the company continues to strengthen its position through strategic internal decisions.
Since its inception in 1994, Dubai Taxi Company has grown from a modest fleet of 81 taxis to over 7,000 vehicles, including eco-friendly taxis, VIP limousines, buses, and last-mile delivery bikes. This growth trajectory highlights the company's ability to adapt and expand its service offerings, catering to diverse transportation needs in the UAE.
The recent board resolution suggests a proactive approach to internal governance, likely aimed at optimizing operational efficiency and enhancing service delivery. This move could be a precursor to further expansion or diversification within the mobility sector, leveraging its existing infrastructure and market leadership.
Investors should consider the company's robust market position, strategic internal management, and potential for growth in the rapidly evolving transportation industry. Given these factors, the recommendation is to buy shares in Dubai Taxi Company P.J.S.C. as it continues to set the pace for innovation and service excellence in the region.
Source
Summary
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.
