Page 121 - SALIK PR REPORT MAY 2024
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5/14/24, 10:49 AM Dubai’s Salik revenue up 8% to $153m in Q1 - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More
Dubai’s Salik revenue up 8% to
$153m in Q1
Salik recorded over 122m revenue-generating trips in
Dubai in Q1 2024
Dubai’s Salik Company has announced revenue of AED562m ($153m) in Q1 of 2024.
This marks an increase of 8.1 per cent year-on-year (YoY), the highest Q1 revenue-generating trips since
inception.
Dubai’s exclusive toll gate operator, chaired by Mattar Al Tayer, logged 122.8m revenue-generating trips in
the period.
Salik Dubai results
Toll usage revenue, which represents 87.4 per cent of total revenue, also increased 8.1 per cent YoY to
AED491m ($134m), supported by continued strong growth in tourism and residency, with Dubai remaining
an attractive destination both for visitors and new residents relocating to the city.
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