Dubai Taxi Company to acquire National Taxi

Dubai Taxi Company (DTC) has announced a major expansion deal, signing an agreement to acquire National Taxi, one of the UAE’s established taxi operators, in a transaction valued at AED 1.45 billion.

The deal will be funded through new bank financing and remains subject to final adjustments and regulatory approvals.

Founded in 2000, National Taxi operates more than 2,700 vehicles and around 2,500 licensed taxi plates across Dubai, Abu Dhabi and Al Ain.

Over the past year, the company completed more than 25 million trips and reported revenues of AED 774 million.

The acquisition is expected to strengthen DTC's position as a leading mobility provider in the UAE.

Once completed, DTC says its market share in Dubai will rise from 47 to around 59 per cent, while also giving the company a stronger foothold in Abu Dhabi.

Combined, the two operators are expected to manage a fleet of more than 14,000 vehicles, serving an estimated 78 million trips annually across the country.

DTC says it plans to retain the National Taxi brand while integrating key back-office functions to improve efficiency and support long-term growth.

The transaction is expected to be completed in the third quarter of 2026, subject to regulatory approvals.

Dubai Taxi Company to acquire National Taxi, one of the UAE’s established taxi operators with operations in Dubai, Abu Dhabi, and Al Ain for a total Enterprise Value of AED 1.45 billion. Once completed, the transaction is expected to strengthen DTC’s leadership position in Dubai,… pic.twitter.com/eGIPOTBmBO

— Dubai Media Office (@DXBMediaOffice) May 13, 2026