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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Major Acquisition Completed
Dubai Taxi Company has finalized a significant acquisition, purchasing National Taxi for Dh1.45 billion. This deal positions Dubai Taxi as the largest taxi operator in the UAE, with a fleet exceeding 9,500 vehicles across Dubai and Abu Dhabi.
## Market Impact
The acquisition boosts Dubai Taxi's market share to 59% in Dubai and 12% in Abu Dhabi. This expansion aligns with the company's five-year growth strategy, enhancing its operational base in two key mobility markets.
## Strategic Growth
This transaction marks Dubai Taxi's first major acquisition since its initial public offering. The integration of National Taxi is expected to enhance earnings from the first full year of ownership, with additional benefits anticipated from operational synergies.
## Future Prospects
Dubai Taxi plans to maintain its dividend profile while leveraging its expanded platform to support broader mobility growth initiatives. The company aims to deliver long-term value to shareholders through this strategic expansion.
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