The aim to geographically expand into “untapped markets across the UAE and the region” and grow at a double-digit rate across its portfolio was unveiled by Dubai Taxi Company (DTC) on Thursday.
As part of its 2025–2029 plan, the business announced that it will maintain its “leadership position in the taxi market while expanding into new verticals like limousine services and delivery” and pay out a substantial dividend during the following five years.
The chairman of the Dubai Taxi Company, Abdul Mohsen Ibrahim Kalbat, stated, “We are about to undergo a significant transition that will lead to long-term, all-encompassing growth in every facet of the business’s operations.
Over 17,500 driver partners work with DTC, which now operates over 9,000 cars, including over 6,000 taxis.
With robust growth in all sectors, DTC revenues increased 14% year over year to Dh1.09 billion in the first half of 2024.
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