Page 94 - SALIK PR REPORT MAY 2024
P. 94

Due to the ongoing closure of the nearby Floating Bridge and the diversion of traffic
               through the gate, the number of revenue-generating trips (excluding paid taxi trips)
               through the Al Maktoum Bridge gate increased by 49.0% YoY (year over year) during the
               first quarter of 2024.
               Similar to this, Al Garhoud Bridge saw a 9.1% YoY increase in the number of revenue-
               generating trips (apart from paid taxi trips). In the first quarter, Salik’s revenue-generating
               trips climbed 5.3% YoY when the Al Maktoum and Al Garhoud Bridges were excluded.
               Several gates experienced robust growth in the first quarter, with Jebel Ali recording
               double-digit growth (+c12%) and other gates, like Airport Tunnel and Al Mamzar North
               (+c.8%), experiencing high single-digit growth.
               Through the implementation of a barrier-free paid parking system at Dubai Mall, which is
               anticipated to go online by the third quarter of 2024, Salik is also expanding its ancillary
               revenue streams.
               In addition, Salik is investigating “further enhancing offerings that are payable through
               Salik accounts, in addition to other supplemental revenue streams, such as advertising and
               the possible monetization of data with mobility players.”























































               https://theemiratestimes.com/salik-in-dubai-reports-dh562-million-in-q1/
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