Asia Business

Dubai Taxi Co. keeps eyes open for new growth opportunities in Dubai and beyond: CEO

Dubai: All the numbers slotted into place for Dubai Taxi Company over the first three months of 2024 – be it the revenue or profit tallies or the number of rides on which those financials were built.

Mansoor Rahma Alfalasi, CEO of DTC, says there is more of the same sort of growth prospects coming through. “Now, these new opportunities could be within the boundaries of Dubai – or beyond that,” he added, for full measure. “It could also be through organic and inorganic ways that we pursue these chances.

“DTC has an ambitious business plan for growth, whether that’s for this year or the next 3.”

Surge pricing

In its first quarter numbers, the company also pointed to higher tariffs on its rides as coming into play. The latest one was a fare increase starting this month, which accounts for the prevailing higher fuel costs. Would this set up DTC to introduce ‘surge’ pricing methods for its fares going forward?

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