Dubai Taxi Company (DTC) reported a 12% revenue increase in 2024, reaching AED 2.2 billion, driven by fleet expansion and higher trip volumes across various segments.

In the first half of 2025, DTC's revenue grew by 11% to AED 1.2 billion, supported by continued fleet growth, strategic partnerships, and demand for innovative mobility solutions.

DTC also reported an 18% rise in net profit in 2024, distributing AED 281.6 million in dividends, reflecting its strong financial performance.

The company's successful IPO in December 2023 on the Dubai Financial Market has strengthened investor confidence and highlighted its growth story.

Transitioning to a publicly listed company has enhanced DTC’s focus on corporate governance, compliance, and operational excellence.

DTC operates Dubai’s largest taxi fleet with a 45% market share, expanding services to include limousines, delivery bikes, and school buses.

Over 88% of DTC’s fleet consists of hybrid or electric vehicles, aligning with Dubai’s sustainability goals and supporting the city’s Smart City initiatives.

This eco-friendly fleet helps DTC meet Dubai’s 2027 sustainability targets ahead of schedule, emphasizing its ESG commitments.

DTC’s five-year strategic plan (2025–2029), launched in December 2024, focuses on growth, digital innovation, and ESG initiatives, including deploying EVs with fast chargers.

The plan aims to position DTC as the 'Preferred Mobility Choice for Everyone' through investments in AI, autonomous vehicles, and smart mobility platforms.

DTC’s growth aligns with Dubai’s Vision 2030, supporting the city’s goals for innovation, sustainability, and economic diversification, especially in tourism and urban development.

Looking ahead, DTC is exploring regional and international expansion, including scaling autonomous vehicle operations to future-proof its growth.