Dubai Taxi Company PJSC
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
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DFM News
News Update From Dubai Taxi Company PJSC
The preliminary results of the Dubai Taxi Company PJSC for the year ended on December 31, 2023 have been released. The company was established on November 9, 2023. It has a paid-up, subscribed, and authorized capital of AED 100,000,000. The Chairman of the Board is Abdul Muhsen Ibrahim Kalbat and the Chief Executive Officer is Mansoor Rahma Juma Abdulla Alfalasi. The external auditor is KPMG Lower Gulf Limited. The company's mailing address is DTC Main Building, Amman Street, Al Muhaisnah 4, PO Box 2647, Dubai, UAE. They can be contacted via telephone at +971 4 208 0000, fax at +971 4 208 0311, or email at ir@dtc.gov.ae.
DFM News
News Update From Dubai Taxi Company PJSC
Dubai Taxi Company (DTC) has doubled its taxi fleet at Dubai Airports by adding 350 new eco-friendly taxis, increasing its service capacity by 100%. This move is aimed at keeping up with the growing passenger traffic and enhancing customer satisfaction. DTC now has over 5,566 vehicles, making it one of the largest operators in the region with a 45% market share in the taxi sector. The airport taxi service, available round-the-clock, is exclusively for arrivals at Dubai Airports and Port Rashid and can transport passengers to any destination within the UAE.
DFM News
News Update From Dubai Taxi Company PJSC
The text is a formal communication dated 23rd January 2024, from Vicken Khochafian, the Board Secretary of Dubai Taxi Company P.J.S.C., to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The letter informs that the Board of Directors of the Dubai Taxi Company P.J.S.C. has passed a resolution approving internal manuals and policies on 23rd January 2024. The communication was sent from Dubai, UAE, with contact details provided at the beginning of the text.
DFM News
News Update From Dubai Taxi Company PJSC
The text is a formal notification from Vicken Khochafian, the Board Secretary of Dubai Taxi Company P.J.S.C., to Mr. Hamed Ahmed Ali, the Chief Executive Officer of Dubai Financial Market. The letter, dated 18/01/2024, informs Mr. Ali that the Board of Directors of Dubai Taxi Company P.J.S.C. will be issuing a Board Resolution by Circulation on 23/01/2024. This resolution pertains to the approval of internal manuals and policies of the company. The letter is sent from Dubai, United Arab Emirates.
DFM News
News Update From Dubai Taxi Company PJSC
On December 22, 2023, a board meeting was held by the Dubai Taxi Company P.J.S.C. at 8:00 am at the RTA's headquarters Block B. The meeting achieved a quorum and discussed and resolved the company's budget for the year 2024 and various internal matters and routine business affairs. The information was relayed in a letter by Board Secretary, Vicken Khochafian, addressed to Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market.
DFM News
News Update From Dubai Taxi Company PJSC
DFM News
News Update From Dubai Taxi Company PJSC
On 15th December 2023, a letter was sent by Mansoor Rahma Alfalasi, the CEO of Dubai Taxi Company PJSC, to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market. The letter informed Mr. Ali about a meeting held by the Board of Directors of Dubai Taxi Company PJSC. The meeting took place at the company's headquarters and all board members attended. Routine business matters were discussed and approved during the meeting.
DFM News
News Update From Dubai Taxi Company PJSC
Dubai Taxi Company (DTC) has appointed BHM Capital Financial Services as its liquidity provider for its shares listed on the Dubai Financial Market (DFM). BHM Capital will enter two-way daily quotes into the market trading system in line with DFM and UAE Securities and Commodities Authority regulations. The agreement is initially for three months and will continue on a monthly basis thereafter. DTC is a public joint stock company and a leading provider of mobility solutions in Dubai, operating over 7,000 vehicles.
DFM News
News Update From Dubai Taxi Company PJSC
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.
DFM News
News Update From 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.