Dubai Taxi Company has completed its acquisition of National Taxi LLC, paying AED 1.45 billion for 100% of the company’s share capital after receiving regulatory sign-off from both Dubai’s Roads and Transport Authority and Abu Dhabi’s Integrated Transport Centre.
The deal, announced in May 2026, is DTC’s first major acquisition since its IPO. The combined fleet now exceeds 9,500 vehicles across the UAE, which the company says makes it the largest taxi operator in the country.
DTC’s market share in Dubai rises to approximately 59 per cent, while the acquisition gives it an approximately 12 per cent share in Abu Dhabi, a market it had no meaningful presence in before.
National Taxi reported revenue of AED 774 million and EBITDA of AED 183 million for the year ended July 2025, with a fleet of over 2,700 vehicles. DTC says the acquisition is expected to be earnings accretive from the first full year of ownership.
“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. National Taxi strengthens our leadership position in Dubai, establishes a meaningful presence in Abu Dhabi and creates a leading multiemirate 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,” Mansoor Rahma Alfalasi, Group CEO of DTC said in a statement.
DTC says it expects to realise operational synergies from the combined business while maintaining its dividend profile.
