Strong Growth Strategy for 2025-2029

Dubai Taxi Company (DTC) has unveiled an ambitious plan to expand its operations into new, untapped markets across the UAE and the wider region. This strategic move is part of DTC's growth plan for the years 2025 to 2029, aiming for double-digit growth across all areas of its business.

Commitment to High Dividend Payouts

In addition to geographic expansion, DTC has committed to paying a high dividend over the next five years. This is part of their plan to maintain financial stability and continue rewarding their shareholders while focusing on leadership in the taxi market and exploring new business areas, such as limousine services and delivery.

Impressive 2024 Growth

DTC’s performance in 2024 has been strong, with the company reporting a 14% year-on-year revenue growth, reaching Dh1.09 billion in the first half of the year. This growth has been seen across all sectors of the business.

The company’s board has approved a Dh159.3 million dividend payout for the first half of the year, in line with its policy of distributing at least 85% of its annual net profit to shareholders.

Partnership with Bolt: Expanding Services in the UAE

DTC has partnered with Bolt, a global ride-sharing platform, to offer both limousine and taxi services across the UAE. The limousine service was launched in December, and DTC’s taxi service will be available on the Bolt app starting in early 2025.

This partnership marks an important step toward expanding DTC's customer reach and increasing convenience for passengers.

Customer-Centric Approach and Future Plans

Mansoor Rahma Alfalasi, CEO of Dubai Taxi Company, emphasized DTC's focus on delivering a customer-centric service. "This strategy is about more than just growth; it’s about creating a smarter, more connected future for both our customers and stakeholders," he said.

As part of its transformation, DTC is leveraging cutting-edge technology to meet evolving customer needs. The company is also working closely with the Dubai Roads and Transport Authority, which aims to transition 80% of taxi bookings to digital platforms in the coming years.

Investing in Eco-Friendly Solutions

DTC is also committed to reducing its environmental impact by investing in electric and hybrid vehicles. This move is in line with the company’s focus on sustainability and supporting global initiatives for a greener future.

Inquire Now About Taxi Advertising

Looking for innovative ways to promote your brand? Now is the perfect time to take advantage of Dubai Taxi Advertising's growing presence across the UAE and beyond. With DTC expanding its operations, placing ads on their fleet of taxis gives you a unique opportunity to reach a wide audience. Inquire now about taxi advertising opportunities and get your brand noticed!