Dubai Taxi Company PJSC

Ticker/ISIN

DTC

AEE01356D236

Market/Country

Dubai Financial Market

United Arab Emirates

About Dubai Taxi Company PJSC

The Company is a leading provider of comprehensive mobility solutions in Dubai. With an approximately 44% market share (by size of taxi fleet) as at 30 June 2023 according to the Industry Consultant, it is currently the number one taxi operator in Dubai, with its next largest taxi competitor having only a 22% market share. Having been established as a taxi company in 1994, with operations starting in 1995 with only 81 taxi cars, the Company has since expanded to other mobility businesses by leveraging its dominant leadership in the taxi sector and operational strength. It offers an extensive range of transportation solutions across its four key business lines, including taxi services through its large, eco-friendly fleet; VIP limousine services made up of chauffeur-driven vehicles for luxury service; its bus services; and its last mile delivery bike services. Between 1 July 2022 and 30 June 2023, the Company's taxis and limousines made 44 million trips, 42 million of which were taxi trips. Across its business lines, as at 30 June 2023, the Company operated more than 7,000 vehicles (of which 5,216 were taxis).

Company's Activities are detailed in AOA and Listing Prospectus.

Latest Pressrelease Summaries from Dubai Taxi Company PJSC

Dubai Taxi Company (DTC) has formed a strategic partnership with Keeta, a subsidiary of China's Meituan, to advance last-mile delivery services in Dubai. The agreement, signed at GITEX in Dubai, aims to enhance delivery logistics, particularly in the e-commerce and quick-commerce sectors, aligning with DTC's growth strategy. Initially, DTC will deploy 150 delivery motorbikes, with plans to increase to 500 by the end of the year, projecting over AED 10 million in revenue in the first year. The partnership will also explore the integration of drones and autonomous vehicles into delivery operations. DTC's delivery segment saw significant growth, with Q2 2025 revenues rising 102% year-on-year to AED 18.2 million.

Disclosure: Press release

12 days ago

Dubai Taxi Company and Kabi by Al Ghurair, two major taxi operators in Dubai, have formed a strategic alliance to enhance urban mobility in the UAE. This collaboration includes the integration of their taxi fleets, totaling 9,880 vehicles, into the e-hailing platforms Bolt and Zed. The agreement, signed by the CEOs of both companies, aims to improve ride-hailing services by increasing availability and reducing waiting times. This initiative aligns with the Dubai Government's goal to convert 80% of taxi trips to e-hailing as part of a broader vision for smart mobility and sustainability. The partnership seeks to expand access to taxis and improve the overall customer experience in line with growing demand.

Disclosure: Press release

a month ago

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.

Disclosure: Results of Board Decisions by Passing

a month ago

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 Board Resolution by circulation on September 24, 2025. This resolution will pertain to the approval of certain internal matters concerning the company's business operations. The notification is signed by Vicken Khochafian, the Board Secretary and Governance Director, with a copy sent to the Securities and Commodities Authority.

Disclosure: Board Decisions by Passing

a month ago

Dubai Taxi Company PJSC (DTC) reported strong financial results for Q2 2025, with a 33% year-on-year increase in net profit to AED 105.4 million. The company completed 13.6 million trips across its taxi and limousine segments, a 19% increase from the previous year. DTC has integrated over 6,000 taxis into the Bolt platform, including 700 airport taxis, as part of its strategy to develop the UAE’s largest e-hailing platform. Revenue for the quarter rose by 18% to AED 625.2 million, while EBITDA increased by 30% to AED 180.6 million, with a margin of 29%. The board approved dividends of AED 160.7 million for the first half of 2025. The taxi segment saw an 18% revenue increase to AED 539.7 million, driven by fleet expansion and high utilization, with the operational fleet reaching 6,210 vehicles, including 335 fully electric ones. The limousine segment's revenue grew by 8% to AED 30.5 million. However, the bus segment's revenue decreased by 12% to AED 31.3 million due to changes in revenue recognition, which do not affect the overall annual contract values. Overall, DTC's total operational fleet increased by 23% to 10,180 vehicles.

Disclosure: Press release regarding financial results for the 2nd QTR of 2025

3 months ago

The document is a review report and condensed interim consolidated financial information for Dubai Taxi Company P.J.S.C., covering the six-month period ending on June 30, 2025.

Disclosure: Financial statements for the 2nd QTR of 2025

3 months ago

The Board of Directors of Dubai Taxi Company P.J.S.C. held a meeting on July 28, 2025, at the company's headquarters. The meeting achieved quorum, and the following items were discussed and approved: the consolidated financial statements for the first half of the fiscal year 2025, the distribution of cash dividends for the same period amounting to AED 160,669,328 (6.43 Fils per share), which represents 85% of the net profit. Key dates for the dividend include the last entitlement date on August 5, 2025, the ex-dividend date on August 6, 2025, the registry closing date on August 7, 2025, and the payment date on August 25, 2025. Other operational and internal matters were also addressed. The communication was sent by Vicken Khochafian, the Board Secretary and Governance Director, with a copy to the Securities and Commodities Authority.

Disclosure: Results of BOD Meeting

3 months ago

The Dubai Taxi Company PJSC will hold an earnings call on Tuesday, July 29, 2025, at 3:00 PM to discuss the financial results for the second quarter of 2025. The presentation will be available on the company's website before the meeting. The communication is addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and is sent by Rami Mohammad Al Banna, Head of Investor Relations. A copy has also been sent to the Securities and Commodities Authority.

Disclosure: Earnings Call

3 months ago

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DFM News

News Update From Dubai Taxi Company PJSC 2 years ago

Disclosure: BOD meeting

On 12th December 2023, Mansoor Rahma Alfalasi, the Chief Executive Officer of Dubai Taxi Company (PJSC), informed Hamed Ahmed Ali, the Chief Executive Officer of Dubai Financial Market, that the board of directors of Dubai Taxi Company will hold a meeting on 15th December 2023 at 08:00 am. The purpose of the meeting is to discuss and approve the company's regular business activities.

1. Attached Document

DFM News

News Update From Dubai Taxi Company PJSC 2 years ago

Disclosure: Listing Prospectus of Dubai Taxi Company PJSC

The text is a letter from Mr. Hamed Ali, the CEO of Dubai Financial Market, dated December 6, 2023. The subject of the letter is the disclosure of an announcement regarding the listing of Dubai Taxi Company PJSC. The authorized signatory of the announcement is Mansoor Rahma Juma Abdulla Alfalasi, who is also a Chief Executive Officer. The letter also includes the company's seal.

1. Attached Document

DFM News

News Update From Dubai Taxi Company PJSC 2 years ago

Disclosure: Financial statements for the 3rd QTR of 2023

1. Attached Document

DFM News

News Update From Dubai Taxi Company PJSC 2 years ago

Disclosure: Financial statements for the first half of 2023

1. Attached Document

DFM News

News Update From Dubai Taxi Company PJSC 2 years ago

Disclosure: Financial statements for the year of 2022