In a strategic move that underscores its ambition to dominate the UAE's mobility sector, Dubai Taxi Company PJSC (DTC) has announced the completion of its acquisition of National Taxi LLC. This acquisition, valued at AED 1.45 billion, is a pivotal step in DTC's five-year growth strategy and marks its first transformational acquisition since going public.

With this acquisition, DTC not only solidifies its leadership in Dubai with an impressive 59% market share but also establishes a meaningful foothold in Abu Dhabi, capturing approximately 12% of the market there. The combined fleet of over 9,500 vehicles positions DTC as the largest taxi operator across the UAE, a title that enhances its competitive edge significantly.

The acquisition is expected to be earnings accretive from the first full year of ownership, which is a positive indicator for investors. The integration of National Taxi into the DTC Group is anticipated to yield substantial operational synergies, further boosting profitability. The acquisition is aligned with DTC's strategic vision of creating a multi-emirate mobility platform with greater scale and reach.

According to Mansoor Rahma Alfalasi, Group CEO of DTC, this acquisition is not just about increasing fleet size but is a strategic maneuver to deliver long-term value to shareholders. The financials of National Taxi, which reported a revenue of AED 774 million and an EBITDA of AED 183 million for the year ended July 2025, indicate a solid foundation that DTC can build upon.

For investors, the acquisition presents a compelling case for holding DTC shares. The company's strong market position, combined with the potential for increased earnings and operational efficiencies, makes it a stable investment. However, as with any acquisition, the integration process will be crucial to realizing the full potential of this transaction. Investors should monitor the integration process closely to ensure that the anticipated synergies are realized.

In conclusion, the acquisition of National Taxi by Dubai Taxi Company PJSC is a strategic move that enhances its market leadership and opens new avenues for growth. While the future looks promising, a cautious approach is advised until the integration is successfully completed.