Dubai Taxi Company (DTC) has reinforced investor confidence with a major interim dividend payout of Dh160.7 million for the first half of 2025. This amounts to 6.43 fils per share, reflecting the company’s strong financial performance and adherence to its dividend policy of distributing at least 85% of its annual net profit.
The payout is scheduled for August 2025, offering returns to shareholders despite a challenging year for stock performance. Currently, DTC shares are trading at Dh2.43, registering a drop of over 12% since the start of the year.
What Drove Dubai Taxi Company’s H1 2025 Performance?
Dubai Taxi Company’s revenue reached an impressive Dh1.2 billion in the first six months of 2025, marking an 11% year-on-year growth. The second quarter alone saw a revenue increase of 18% compared to Q2 2024, rising to Dh625.2 million. This performance was fueled by an expansion in operational capacity and increased passenger volumes.
Fleet expansion and growing demand for smart mobility solutions played a critical role in driving this growth. The company’s CEO, Mansoor Rahma Alfalasi, noted that customer-centric innovation remains at the heart of DTC’s strategy, which continues to produce measurable business outcomes.
How is DTC Transforming Urban Mobility in Dubai?
A significant factor in DTC’s recent growth has been its partnership with Al-Futtaim Electric Mobility, which led to the onboarding of over 6,000 taxis onto the Bolt e-hailing platform. This strategic move enhances digital access to taxis and aligns with Dubai’s broader ambition to shift 80% of taxi trips to e-booking by 2029.
The initiative not only improves convenience for users but also supports the company’s ongoing digital transformation and transition to electric mobility. It reflects the government’s focus on sustainability and smart transport integration across the emirate.
What Segments are Contributing Most to DTC’s Revenue?
The bulk of Dubai Taxi Company’s revenue continues to come from its core taxi services, which contributed Dh1.05 billion of the total Dh1.2 billion revenue in the first half of the year. The remainder came from supplementary services such as limousine operations, bus services, and delivery bike logistics.
| Service Category | H1 2025 Revenue Contribution |
| Taxi Services | Dh1.05 billion |
| Limousine, Bus, Bike | Dh150 million (approx.) |
This breakdown shows that while taxis remain DTC’s primary revenue driver, the company is also diversifying its income through related mobility services, positioning itself for sustainable long-term growth.
How Does Sustainability Fit into DTC’s Long-term Strategy?
DTC’s alliance with Al-Futtaim is not only about technological growth but also reflects its environmental goals. The company has reaffirmed its commitment to fully electrify its fleet by 2040, a target that aligns with Dubai’s clean energy transition and emissions reduction targets.
By combining digital innovation with green mobility, DTC is laying the groundwork for a future-ready transport network that meets the needs of both residents and tourists. The increased investment in e-hailing and electric fleets positions the company as a regional leader in sustainable mobility.
What’s Next for Dubai Taxi Company?
With a clear 2025 – 2029 strategy in place, Dubai Taxi Company is aiming to solidify its status as the UAE’s largest taxi operator and extend its influence across the region. The results from the first half of 2025 demonstrate that the company is on a strong path, delivering value to both its customers and shareholders.
Looking ahead, the focus remains on leveraging digital platforms, expanding green infrastructure, and tapping into new mobility trends to redefine urban transport in Dubai.
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