Dubai Taxi Company becomes UAE’s largest taxi operator after Dh1.45 billion deal

Dubai Taxi now has more than 9,500 vehicles across Dubai and Abu Dhabi

Last updated: July 08, 2026 | 16:54

Nivetha Dayanand, Assistant Business Editor

2 MIN READ

Dubai Taxi Company becomes UAE’s largest taxi operator after Dh1.45 billion deal

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Dubai: Dubai Taxi Company has completed its Dh1.45 billion acquisition of National Taxi, creating the UAE’s largest taxi operator with a combined fleet of more than 9,500 vehicles across Dubai and Abu Dhabi.

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The deal gives Dubai Taxi Company a stronger position in Dubai, where it now has an estimated 59% market share, while also giving the company a 12% market share in Abu Dhabi. The acquisition was completed after regulatory approvals from Dubai’s Roads and Transport Authority and Abu Dhabi’s Integrated Transport Centre.

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National Taxi deal completed

Dubai Taxi Company acquired 100% of National Taxi’s share capital, making the transaction its first major acquisition since the company’s initial public offering.

National Taxi has a fleet of more than 2,700 vehicles. In the year ended July 2025, the company reported revenue of Dh774 million and EBITDA of Dh183 million.

The final transaction value stood at Dh1.45 billion after the agreed locked-box adjustment mechanism under the sale and purchase agreement.

Bigger fleet across two emirates

The acquisition supports Dubai Taxi Company’s five-year growth strategy by expanding its scale and giving it a larger operating base across two of the UAE’s most active mobility markets.

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"The successful completion of the acquisition of National Taxi is the first transformational acquisition since our IPO and an important moment in our long-term growth strategy," said Mansoor Rahma Alfalasi, Group CEO of Dubai Taxi Company. "National Taxi strengthens our leadership position in Dubai, establishes a meaningful presence in Abu Dhabi and creates a leading multi-emirate mobility platform with greater scale and reach. Our focus now turns to integrating National Taxi into the DTC Group and delivering the substantial strategic and financial benefits of the transaction to create long-term value for our shareholders."

Earnings boost expected

Dubai Taxi Company said the acquisition is expected to add to earnings from the first full year of ownership, with further upside expected from operational synergies after National Taxi is integrated into the group.

The company also said it expects to maintain its dividend profile following the transaction, while using the larger platform to support its wider mobility growth plans.

The deal makes Dubai Taxi Company the largest taxi operator in the UAE by fleet size.

Nivetha DayanandAssistant Business Editor

Nivetha Dayanand is Assistant Business Editor at Gulf News, covering aviation, financial markets and commodities. A business and financial journalist with a strong interest in multimedia storytelling, she regularly takes complex financial and economic subjects beyond the written word, producing explainer videos that make them easier for a wider audience to understand. Nivetha has interviewed senior policymakers, business leaders and global financial figures both on and off camera. Her past guests include UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri, Khaled bin Alwaleed Al Saud, a member of the House of Saud and the founder and CEO of KBW Ventures, Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund and Indian ministers Hardeep Singh Puri and N. Chandrababu Naidu. She has also hosted and moderated panels, conferences and awards shows, bringing her newsroom experience to live conversations on business, finance and the economy. An Erasmus Mundus journalism alum, Nivetha is drawn to stories that affect people directly and to reporting that gives a platform to voices that might otherwise go unheard. She was among the first journalists to speak to Petrofac employees in the UAE about unpaid salaries, broke the news of the planned demolition of Dubai’s well-known “Toyota Building”, and helped set the record straight on widely circulated claims that a giant replica of the Moon was coming to Dubai. More recently, her exclusive interview with EDGE Group CEO Hamad Al Marar revealed how the UAE-based defence group deployed its systems along the country’s shore border and established a geofence around the UAE within 48 hours of the February 28 escalation. Prior to joining Gulf News, Nivetha worked at ITP Media, where she helped launch Finance Middle East, a new publication covering the region’s financial sector. Her role spanned reporting and editing, video production, interviews and events. Across print, digital, and video, she focuses on finding the people behind business stories and explaining why those stories matter to the audience reading or watching them.

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