Dubai Taxi Company UAE Public Offering

Emirates NBD عربي
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Key facts about DTC

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Established in 1994, DTC is Dubai’s flagship mobility Company, serving residents and tourists and actively participating in Dubai’s transportation transformation

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Largest taxi operator in Dubai, with a dominant market share of approximately 44% of total taxis

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Diversified operations across four business lines: taxis, VIP limousines, buses and delivery bikes, managing an overall fleet of more than 7,000 vehicles

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD DTC taxi business operates under a regulated framework established by the RTA with strict license issuance, fares protection and other high-barriers to entry

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Exclusive operating rights at key pick-up points with high volumes across Dubai's prime locations, including Dubai Airports, Atlantis and Dubai Mall

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Superior technology solutions through its DTC app and its partnership with Hala, positioning DTC to capitalize on the growing penetration of e-hailing

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Robust financial performance with strong profitability and cash flow enabling DTC to target an attractive dividend payout ratio

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Superior 9M23 financials with c.11% revenue growth, c.25% EBITDA margin and c.19% net income margin

Dubai Taxi’s IPO (Initial Public Offering) | Emirates NBD Leading ESG partner with a clear target to reach 100% hybrid or electric taxis and limousines by the end of 2024

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Dubai Taxi Company UAE Public Offering

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Dubai Taxi Company’s shares will be listed in Dubai Financial Market (DFM).

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