Page 126 - SALIK PR REPORT - MARCH 2024
P. 126

Salik in Dubai: Higher usage



               fees, fines drive revenues to


               record-breaking Dh2.1



               billion


               The company recently announced the addition of two new gates and
               signed a deal with Emaar to install its toll gate technology at Dubai
               Mall
               by
               Waheed Abbas












































               Published: Mon 4 Mar 2024, 1:36 PM
               Last updated: Mon 4 Mar 2024, 10:50 PM
               Dubai’s toll gate operator Salik’s 2023 net profit reached Dh1.098 billion in
               2023, driven by an increase in toll usage fees, higher fines and new tag
               activations.
               The company’s net profits dropped by 17.2 per cent from the previous year.
               However, it is worth noting that comparing profitability between 2022 and


               https://www.khaleejtimes.com/uae/transport/dubai-toll-usage-fees-fines-drive-salik-revenues-
               to-record-breaking-dh2-1-billion
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