Salik Company PJSC announced that it has completed a review of its Value Added Tax (VAT) treatment in coordination with regulatory authorities. A 5% VAT has been retrospectively applied to toll revenue and associated charges from July 1, 2022, to March 31, 2026, resulting in approximately AED 471 million to be settled with the Federal Tax Authority (FTA). This amount includes VAT and late payment penalties and will be reimbursed by the Roads and Transport Authority (RTA) under an existing compensation mechanism. The company emphasizes its commitment to regulatory compliance and assures that shareholders will be protected from the VAT's impact on revenues through the agreed financial compensation framework with the RTA.

On 15 May 2026, the Board of Directors of Salik Company PJSC passed a resolution during a meeting held at 08:30 AM. The board reviewed and approved various ordinary matters related to the company's business. The notification of this resolution was addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market, by Ibrahim Sultan Al Haddad, the Chief Executive Officer of Salik Company.

Salik Company PJSC, Dubai's exclusive toll gate operator, reported its financial results for Q1 2026, ending March 31. The company achieved a total revenue of AED 728.9 million, reflecting a 3.0% year-on-year decline due to softer traffic trends and an exceptional event in March. However, growth in tag activation fees and other revenue streams partially offset this decline. EBITDA for the quarter was AED 507.2 million with a margin of 69.6%, an increase both quarterly and yearly. Net profit remained stable at AED 369.3 million, with a net profit margin of 50.7%. Salik's business model demonstrated resilience, maintaining strong profitability and cash flow despite operational challenges. The total number of trips decreased by 6.4% year-on-year to 197.2 million, while active registered accounts grew by 7.5% to 2.8 million. Ancillary revenue streams increased by 147% year-on-year. The company emphasized its commitment to long-term value creation, operational efficiency, and strategic growth.

Salik Company P.J.S.C. has released its condensed interim financial statements for the three-month period ending on March 31, 2026. These statements are unaudited and provide an overview of the company's financial performance during this period.

On 11 May 2026, the Board of Directors of Salik Company PJSC held a meeting at 8:30 AM. During the meeting, the board reviewed and approved the interim financial statements for the three-month period ending 31 March 2026, and discussed and approved routine business matters. The communication was addressed to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market, and signed by Ibrahim Sultan Al Haddad, CEO of Salik Company.

Salik Company PJSC, Dubai's exclusive toll gate operator, has partnered with Valtrans Transportation Systems and Services to introduce a digital payment service for valet parking across Valtrans' locations in the UAE, starting June 1, 2026. This collaboration will integrate Salik's e-Wallet as a payment option, allowing for flexible payments at over 100 locations, including major hubs like Mall of the Emirates and DIFC. The partnership aims to enhance the efficiency of valet parking services and further Salik's role in smart mobility by providing innovative, data-driven solutions. Salik's CEO, Ibrahim Sultan Al Haddad, highlighted the partnership as a significant step in expanding digital payment solutions, while Valtrans' CEO, Imad Alameddine, emphasized the improved convenience and service quality for customers. This initiative aligns with Salik's strategy to broaden its digital services and support a connected mobility ecosystem.

Salik Company PJSC held its Annual General Assembly Meeting on 9 April 2026 at the One&Only One Za’abeel Hotel in Dubai and remotely via the Lumi platform. The required quorum was met, and the following resolutions were approved: the Board of Directors’ report on the company's activities and financial position for the year ending 31 December 2025; the external auditor’s report for the same period; the company’s balance sheet and profit and loss account; a cash dividend of 11.8712 fils per share totaling AED 890,341,000, with specific entitlement, ex-dividend, registry closing, and payment dates; the discharge of the Board of Directors from liability for the year ending 31 December 2025; and the Board of Directors’ remuneration for that financial year.

Salik Company PJSC has announced that its Annual General Meeting (AGM) will take place on April 9, 2026, at 12:00 PM. The meeting will be held in person at the One&Only One Za’abeel Hotel in Dubai and electronically via the Lumi platform. The agenda includes: reviewing and approving the Board's report, the external auditor's report, and the financial statements for the year ending December 31, 2025; discussing the distribution of cash dividends; considering the discharge of Board members and external auditors from liability; approving directors' remuneration and the Board Remuneration Policy; and appointing PricewaterhouseCoopers as the external auditor for 2026.