In a landmark development for the smart mobility sector, Salik Company PJSC, Dubai's exclusive toll gate operator, has signed a strategic 10-year agreement with Dubai Airports to integrate its E-Wallet payment solution across all paid car parks at Dubai International Airport (DXB). This collaboration is set to cover 7,400 designated parking spaces, including Terminals 1, 2, 3, and the Cargo Mega Terminal, with implementation slated to begin on January 22, 2026.

The agreement was formalized in a ceremony attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, and other senior officials, highlighting the significance of this partnership. The integration of Salik's E-Wallet system with Dubai Airports' existing car park management systems aims to support the vision of seamless entry and exit, improved traffic flow, and an enhanced passenger experience.

This move marks a major expansion of Salik's smart mobility ecosystem and accelerates its growth in ancillary revenues beyond traditional tolling. By tapping into the bustling environment of DXB, the world's busiest international airport, Salik positions itself at the forefront of innovative payment solutions in the region.

From an investment perspective, this agreement is a positive indicator of Salik's strategic direction and growth potential. The expansion into parking payments at a major international hub underscores the company's commitment to diversifying its revenue streams and capitalizing on new market opportunities. Given these developments, investors should consider a buy position on Salik, as the company is poised for significant growth and value creation in the coming years.