The taxi sector in Dubai has experienced a robust growth rate, reaching a remarkable 6 percent during the first quarter of 2023

When compared to the same period the year before, Dubai's taxi industry has seen strong development, with the first quarter of 2023 seeing a phenomenal 6% rise. This remarkable number outperforms levels reported for the same time period in 2019 by a substantial margin of 5%.

According to Adel Shakri, Director of Planning and Business Development, Public Transport Agency, RTA, "Over the past five years, the taxi industry in Dubai has had a spectacular development trajectory. The number of taxi rides reached a startling 27.3 million in the first quarter of this year, showing a constant increase trend when compared to the similar periods in prior years. 26 million visits were made in 2022, 19.2 million in 2021, 23.3 million in 2020, and 26.1 million in 2019.

"This industry, especially e-hail services, smart rental services, and Hala Taxi service, had an exceptional rise, marking its biggest increase in recent years. The examination of the sector's numbers and ratios for the first quarter of 2023 demonstrates Dubai's booming economy, which has solidified its position as a major international centre for business and tourism, noted Shakri.