Established in 1994, DTC is Dubai’s flagship mobility Company, serving residents and tourists and actively participating in Dubai’s transportation transformation

Largest taxi operator in Dubai, with a dominant market share of approximately 44% of total taxis

Diversified operations across four business lines: taxis, VIP limousines, buses and delivery bikes, managing an overall fleet of more than 7,000 vehicles

DTC taxi business operates under a regulated framework established by the RTA with strict license issuance, fares protection and other high-barriers to entry

Exclusive operating rights at key pick-up points with high volumes across Dubai’s prime locations, including Dubai Airports, Atlantis and Dubai Mall

Superior technology solutions through its DTC app and its partnership with Hala, positioning DTC to capitalize on the growing penetration of e-hailing

Robust financial performance with strong profitability and cash flow enabling DTC to target an attractive dividend payout ratio

Superior 9M23 financials with c.11% revenue growth, c.25% EBITDA margin and c.19% net income margin

Leading ESG partner with a clear target to reach 100% hybrid or electric taxis and limousines by the end of 2024