Page 127 - SALIK PR REPORT OCTOBER 2024

10/3/24, 10:49 AM Dubai: Salik Denies Viral Rumours Of 'Dynamic' Toll Fees Of Up To Dh8
The viral post listed time slots and corresponding amounts and said, "Be prepared to say
goodbye to AED 4 Salik rates".

It claimed toll fees would be "0 AED from 3am to 5am" and "8 AED from 3pm to 7pm". These

details, however, are not true, Salik said.

“We strongly advise customers and shareholders to refer exclusively to official sources, the

DFM and Salik website (), for any official announcements or updates," the company's CEO
said.

“Salik is fully committed to adhering to the disclosure and transparency guidelines set by the
Securities and Commodities Authority (SCA) and DFM. As always, any significant information

will be promptly shared with the market first once confirmed and finalised.”

News Salik gates operational next month

Meanwhile, the 10th Salik gate in Dubai – located in Al Safa South, between Al Meydan Street
and Umm Al Sheif Street – is now up but not yet operational.

The other new Salik – the ninth toll gate – is located on Business Bay Crossing along Al Khail

Road.

Haddad confirmed to Khaleej Times in an exclusive interview in early September that the two
new toll gates will be operational by the end of November.

A subsequent announcement will be issued to the public by Dubai's Roads and Transport

Authority and Salik PJSC prior to the commencement of operations,” he added.

Last year, about 593 million journeys went through Salik's toll gates. From January to June
this year, 238.5 million trips passed through the eight toll gates, resulting in Dh1.1 billion half-

year revenue, up by 5.6 per cent from the same period last year.

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