14,000+ Driver Partners
-400 VIP Limousines
-600 Delivery Bikes
*As at 30 June 2023
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.
Superior 9M23 financials with c.11% revenue growth, c.25% EBITDA margin and c.19% net income margin.
Robust financial performance with strong profitability and cash flow enabling DTC to target an attractive dividend payout ratio.
Leading ESG partner with a clear target to reach 100% hybrid or electric taxis and limousines by the end of 2024 (currently at 80%).
*As at 30 June 2023
|ITF Announcement and Publication of UAE prospectus:||13 November 2023|
|Price Range Announcement and Subscriptions Open:||21 November 2023|
|Retail Subscriptions Close:||28 November 2023|
|Announcement of Final Offer Price:||30 November 2023|
|SMS Confirmations and Commencement of Refunds:||5 December 2023|
|Expected listing of shares on Dubai Financial Market (DFM):||7 December 2023|
If you wish to apply for leverage, please subscribe early to ensure adequate processing time
To learn more about the IPO, visit DTC's dedicated IPO microsite - https://www.dubaitaxi.ae/en/IPO