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Trading at Dh3.16 per share on Tuesday, it is up by nearly 60 per cent from its offering
price of Dh2 a share.
It reported the highest quarterly toll usage revenue in Q2 2023 since the start of
operations, recording a 13.8 per cent increase in revenue year-on-year to a record
Dh455 million.
“Today, all I can say about the new gates is that the city has the need to bring more
measures (for traffic management) and one of them is a new gate. We are having a
discussion with RTA and this can be a very detailed discussion of when and where.
However, it is a mandate of the RTA because it is one of the traffic management tools of
the city. The government will make a final decision on it,” Al Haddad said during the
interview.
Traffic growth revised upward
https://www.khaleejtimes.com/uae/transport/dubai-are-new-salik-gates-being-planned-to-manage-
increasing-traffic
