Dubai Taxi has completed the acquisition of National Taxi in a deal valued at AED1.45 billion, equivalent to about $395 million. Dubai Taxi expects the transaction to strengthen its position in the UAE transport sector while supporting long-term business growth. The acquisition also aligns with the company’s expansion strategy and increases its presence across key markets.
The company financed the acquisition through newly arranged bank debt facilities. Although financial details were not disclosed, management expects the transaction to contribute positively to business performance beginning in 2027, the first full year after the acquisition.
The deal received all required approvals from transport regulators before completion. These approvals allowed the company to finalize the transaction and move forward with integrating National Taxi into its existing operations.
The acquisition significantly increases Dubai Taxi’s market position within the emirate. Following the transaction, the company now controls approximately 59 percent of Dubai’s taxi market. It also expands its presence in Abu Dhabi, where its market share reaches about 12 percent.
National Taxi operates across Dubai, Abu Dhabi, and Al Ain. The company has built a strong presence in the UAE transport industry since its establishment more than two decades ago. Its fleet includes more than 2,700 vehicles serving passengers across several major cities.
After completing the acquisition, Dubai Taxi’s combined fleet now exceeds 9,500 vehicles. This expansion makes the company the largest taxi operator in the UAE based on fleet size. The larger network also strengthens its ability to meet growing customer demand across different regions.
Company officials said the acquisition forms an important part of the firm’s five-year growth strategy. Expanding market share and increasing operational capacity remain central objectives as demand for transportation services continues evolving across the country.
The enlarged fleet will allow the company to improve service coverage while increasing operational efficiency. Greater scale may also create opportunities to reduce operating costs and strengthen future profitability.
National Taxi generated annual revenue of approximately AED774 million during the 12 months ending in July 2025. Its financial performance and established customer base made the company an attractive acquisition target within the UAE transportation market.
The transport sector has experienced changing business conditions during the past year. Regional geopolitical developments affected tourism activity, leading to lower passenger demand in some periods. As a result, several transport operators experienced slower business growth.
Earlier this year, Dubai Taxi reported lower revenue compared with the previous year. Reduced tourist arrivals contributed to weaker demand for transportation services during that period. Despite those challenges, the company continued pursuing long-term expansion plans through strategic investments.
Industry analysts believe larger operators can better manage changing market conditions because they benefit from broader service networks and stronger operational resources. Strategic acquisitions also allow companies to improve competitiveness while expanding customer reach.
Dubai continues investing in transportation infrastructure as the city supports population growth and increasing visitor numbers. Demand for reliable taxi services remains important as economic activity and tourism continue developing across the emirate.
Overall, Dubai Taxi remains focused on strengthening its leadership position through expansion and operational improvements. The successful completion of the National Taxi acquisition positions the company for future growth while increasing its ability to serve customers throughout the UAE. As integration efforts continue, the company aims to deliver greater efficiency, broader service coverage, and stronger financial performance in the coming years.
