Dubai Taxi Company has expanded its fleet with the acquisition of 94 new licence plates in the latest auction hosted by RTA

In the most recent auction held by the Roads and Transport Authority (RTA), Dubai Taxi Company (DTC) increased the number of taxis in its fleet by acquiring 94 additional number plates. This will bring the total number of vehicles added to the company's service in 2024 to 445. 

It is anticipated that this strategic addition would increase the company's market share to 46% and solidify its position as the top transport provider in Dubai. The company's strong financial standing and potential for future development and acquisitions are highlighted by the expansion.

DTC's fleet now numbers 5,660 cars, with the addition of 445 taxis in 2024. This move will strengthen the company's continuous commitment to increasing its financial resources for both strategic and operational goals.

In the most recent auction held by the Roads and Transport Authority (RTA), Dubai Taxi Company (DTC) increased the number of taxis in its fleet by acquiring 94 additional number plates. This will bring the total number of vehicles added to the company's service in 2024 to 445. 

It is anticipated that this strategic addition would increase the company's market share to 46% and solidify its position as the top transport provider in Dubai. The company's strong financial standing and potential for future development and acquisitions are highlighted by the expansion.

DTC's fleet now numbers 5,660 cars, with the addition of 445 taxis in 2024. This move will strengthen the company's continuous commitment to increasing its financial resources for both strategic and operational goals.

It is in complete harmony with DTC's goal of growth within the taxi industry, highlighting its unwavering commitment to providing top-notch transportation services. With a focus on innovation, uniqueness, digitalization, and sustainability, the organisation seeks to seamlessly support Dubai residents' everyday transportation demands.

The CEO of Dubai Taxi Company, Mansoor Rahma Al Falasi, stated that the company's sustained expansion in both its operational and investment domains will be further enhanced with the addition of 94 additional cabs to its fleet. As a result of the taxi fleet growing from 5,216 in 2023 to 5,660 at the start of 2024, the company's overall income for the year will increase. DTC's dominant financial position in the Dubai Financial Market is further strengthened by this expansion, which also increases shareholder value and provides investors with appealing returns.

This action complies with the Dubai 2040 Urban Master Plan, which aims to provide everyone in the emirate with flexible and sustainable travel options.