Dubai Taxi to purchase its rival National Taxi for $395 million

Dubai Taxi Company has agreed to acquire rival National Taxi for $395 million, strengthening its position in the UAE market.

The deal will lift DTC’s Dubai market share to 59% and expand its presence into Abu Dhabi, with the combined fleet expected to exceed 14,000 vehicles.

National Taxi operates more than 2,700 vehicles across Dubai, Abu Dhabi, and Al Ain. 

The deal will also see the integration of digital platforms as DCT expands its driverless taxi services, following its partnership with China’s Baidu to launch more than 1,000 autonomous vehicles on Dubai’s roads.