22 C
Dubai
Friday, December 27, 2024
spot_img

Dubai taxi industry sees 6% growth in Q1

[ad_1]


The taxi industry in Dubai has experienced strong growth, reaching a staggering 6% in the first quarter of 2023 compared to the same period last year.

According to the Emirates News Agency, this figure is 5% higher than the level reported in the same period in 2019 WAM.

“Dubai’s taxi industry has enjoyed a remarkable growth trajectory over the past five years. A staggering 27.3 million taxi trips were made in the first quarter of this year, a continued upward trend compared to the same period in previous years. These figures are for 2022. 26 million trips, 19.2 million trips in 2021, 23.3 million trips in 2020 and 26.1 million trips in 2019,” said Adel Shakri, Director of Planning and Business Development, RTA Public Transport Authority.

“The industry has experienced an unprecedented surge, marking the highest growth in recent years, especially e-hailing services, smart rental services and hala taxi services. The data and ratio analysis of the industry in the first quarter of 2023 reflect the Dubai economy. The thriving development of the region has strengthened its position as a key global investment and tourism hub,” Shakri added.


[ad_2]

Source link

Related Articles

Richa Bansal on Ecobee’s Mission to Drive Sustainability in the UAE

What Inspired You to Found Ecobee and Focus on Eco-Friendly Solutions? Ecobee was born from a personal journey rooted in a love for nature and...

Navigating Turbulence to Transformation Nowsheen’s Inspiring Journey of Leadership and Empowerment

What has been one of the most transformative experiences in your multifaceted career, spanning from aviation to education and corporate training, and how has...

Aspire Education Academy Celebrates Academic Excellence at its Prestigious Convocation Ceremony

The Aspire Education Academy Convocation Ceremony marked a significant milestone in the institution's journey, bringing together a distinguished assembly of guests, graduates, and faculty...

Two Young Entrepreneurs Turned Their Passion Into a $2M Business

Success stories often emerge from humble beginnings, and Saumitra Dixit’s journey from a school student earning $200 a month to the founder of a...

Vitaliy Chiryassov on Building a Winning Logistics Business in the UAE

Vitaliy Chiryassov on Building a Winning Logistics Business in the UAE Building a thriving logistics business in the UAE requires a deep understanding of the...

Latest Articles