Page 322 - SALIK ENGLISH PR REPORT NOVEMBER 2024

11/14/24, 1:59 PM Dubai toll-gate operator Salik rides high with Dh822 million profit | Markets – Gulf News

The higher growth in Q3-24 attests to the higher traffic on Dubai roads after summer,

with the busy season kicking off in earnest from September.

The Dubai Mall presence

From July, Salik also had visibility at The Dubai Mall, where it oversees the paid

parking services. "We made further strategic progress in the third quarter, having

officially launched our parking partnership with Emaar to provide parking solutions at
Dubai Mall, a key initiative to diversify our revenue base that is already contributing

positively to our financial performance," said Mattar Al Tayer, Chairman of Salik.

HOW MUCH DID DUBAI MALL'S PRESENCE CONTRIBUTE?

Salik's parking fee services at Dubai Mall generated a revenue input of Dh2.57 million
in the three months since launching in July 2024. The barrier-free parking payment

solution processed 3.8 million transactions, 'all of which were 100% seamless',

according to Salik.

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