Page 69 - SALIK PR REPORT AUGUST 2024

While speaking during the Investor Conference Call on Wednesday, he added that the details
and financial impact will be reviewed by Salik before it goes to the Dubai Executive Council
for approval.
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
As reported by Khaleej Times earlier also, Salik revealed in its IPO announcement that it
could introduce “dynamic pricing” to reduce congestion on the emirate’s roads.
“The Roads and Transport Authority (RTA) could implement dynamic pricing through
optimising the toll rates depending on the time of the day, for example, by charging a higher
toll fee for specific lanes or during peak hours," Salik said in its IPO announcement.
Under the “dynamic pricing” system, motorists are charged more during peak hours as
compared to off-peak hours. Many major cities around the world have dynamic toll pricing
systems in place.
In reply to a question about the impact of unprecedented rain in April 2024, a spokesperson
from Salik said its infrastructure was not affected and gates were operating normally.
“We saw an increase in demand following the storm, which somehow compensated the
impact that we had during those 3-4 days of the storm. The effect usually came during long
Eid break as most of the people travelled abroad,” said the spokesperson during the
conference call with investors.
ALSO READ:

https://www.khaleejtimes.com/uae/transport/dubai-dh4-standard-salik-toll-gate-rate-has-lost-
momentum-official-suggests-dynamic-pricing