Dubai Taxi Corporation

Dubai Taxi Company PJSC ("DTC" or the "Company"), a leading provider of comprehensive mobility solutions in Dubai, today announced the successful completion of its acquisition of 100% of the share capital of National Taxi LLC ("National Taxi"), following receipt of all required regulatory approvals, including approvals from Dubai's Roads and Transport Authority (“RTA”) and Abu Dhabi's Integrated Transport Centre (“ITC”). The completion of the acquisition of National Taxi marks the next milestone in DTC's five-year growth strategy, further strengthening the Company’s leadership position in Dubai with an approximately 59% market ...