Page 285 - SALIK PR REPORT ENGLISH AUGUST 2024

8/14/24, 10:11 AM Salik Announces H1 2024 Net Profit Of AED 544.8 Million - OneArabia

Strategic Initiatives and Expansion

Al Tayer highlighted Salik's focus on expanding its core tolling business and diversifying revenue streams through new

strategic initiatives: "Since the beginning of 2024, we have focused on expanding our core tolling business while

diversifying our revenue streams through new strategic initiatives."

The addition of two new toll gates in Dubai is scheduled for operational status by the end of November 2024. Additionally, a

recent parking solutions partnership with Emaar Malls became operational in July this year.

Commitment to Mobility Enhancement

Ibrahim Sultan Al Haddad, Chief Executive Officer of Salik, commented on the company's quarterly performance: "We are

delighted to report another very robust quarter, with Salik’s performance a clear demonstration of the resilience of our

business model and our commitment to enhancing mobility in Dubai."

The increase in revenue-generating trips and active accounts achieved in Q2 2024 reflects Salik's strategic efforts to meet
growing transportation demands: "The increase in revenue-generating trips and active accounts achieved in Q2 2024

reflects our strategic efforts to meet the growing demand for efficient transportation."

Dubai continues to strengthen its position as a global tourism hub: "Dubai continues to strengthen its position as a global
tourism hub, attracting more international visitors than ever before," said Al Haddad.

The city attracts new residents and businesses continuously: "The city continues to attract new residents and businesses,"
added Al Haddad.

Salik plays a pivotal role in making Dubai one of the most accessible cities globally: "We are proud to play a pivotal role in

making Dubai one of the most accessible cities in the world," concluded Al Haddad.

https://www.onearabia.me/local/salik-h1-2024-net-profit-reaches-aed544-million-011-60271.html 2/3