Page 45 - SALIK ENGLISH PR REPORT NOVEMBER 2024
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12/4/24, 1:26 PM Salik, Parkin are UAE's best performing stocks - how will new fees add to that? | Markets – Gulf News
“Salik and Parkin’s share gains drive home the point that investors are attracted to the
dividend payouts - as well as their business model being a near perfect hedge against
inflation,” said Lakhani. “It further highlights the benefits of being drawn to attractive
valuations (at the time of the IPO), something that investors will continue to look at in
upcoming offerings.”
What are the new Salik rates?
Late yesterday (November 28), the RTA confirmed the changes in the Salik usage fee
structure. Rather than the flat Dh4 each time a vehicle passes a toll-gate in Dubai, the
new tariffs would be linked to peak and off-peak hour use.
So, on weekdays, any drive through the toll-gates between 6am-10am and 4pm-8pm
will cost Dh6. It will remain Dh4 for the off-peak hours of 10am-4pm and 8pm-1am.
https://gulfnews.com/business/markets/salik-parkin-are-uaes-best-performing-stocks---how-will-new-fees-add-to-that-1.1732854430612 8/15
