NEWS CENTER

Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading provider of comprehensive mobility solutions in Dubai, today announces the price range for the sale of its shares (the “Offer Price Range”) and start of the subscription period for its initial public offering (“IPO” or the “Offering”) on DFM.

Dubai Taxi Company PJSC (“DTC” or the “Company”), a leading provider of comprehensive mobility solutions in Dubai, today announces its intention to proceed with an initial public offering (the “IPO” or the “Offering”) and to list its ordinary shares (the “Shares”) to trading on the DFM.

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, issued Law No. (21) of 2023 pertaining to ‘Dubai Taxi Company’.

RTA’s Dubai Taxi Corporation (DTC) has commenced using artificial intelligence (AI) to monitor and track the performance of drivers and its vehicles (taxis, limousines, school buses, commercial buses and motorcycles).

RTA’s Dubai Taxi Corporation (DTC) signed an agreement with Dubai World Trade Centre (DWTC) to provide 24/7 limousine services for its visitors and exhibitors. DTC's fleet encompasses a range of modern vehicles that cater to the needs of over a million customers annually.

RTA’s Dubai Taxi Corporation (DTC) honoured 107 distinguished drivers under the Traffic Safety Award for 2021-2022, for recording the lowest number of violations and incidents.

Dubai Taxi Corporation (DTC) has equipped its taxis and school buses with automated engine fire suppression equipment. The move underscores DTC's commitment to fitting the fleets with systems matching the top safety practices and standards.

Dubai’s Roads and Transport Authority (RTA) subsidiary Dubai Taxi Corporation (DTC) has announced the launch of four smart and innovative services to its digital application (DTC App). This step aligns with DTC's digital transformation strategy and its pioneering efforts in providing safe and sustainable digital transportation services, which contribute to Dubai's global leadership in transportation services.