Dubai Taxi to expand into UAE, region over the next five years
Khaleej Times|December 27, 2024
Dubai Taxi Company (DTC) on Thursday announced a strategy to expand geographically into "untapped markets across the UAE and the region" and grow at a double-digit rate across its portfolio.
Waheed Abbas

As part of its 2025-2029 strategy, the company revealed a high dividend payout ratio over the next five years as well as maintaining its "leadership position in the taxi market while expanding into new verticals such as limousine services and delivery." "We are on the verge of a pivotal transformation aimed at achieving sustainable and comprehensive growth across all aspects of the company's operations," said Abdul Mohsen Ibrahim Kalbat, chairman of Dubai Taxi Company.

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