Dubai’s taxi sector, led by the Roads and Transport Authority (RTA), has experienced a robust growth rate during the first quarter of 2023, reaching an impressive 6 percent in comparison to the corresponding period of the previous year.
According to state media WAM, this figure surpasses the levels reported during the same period in 2019 by a significant margin of 5 percent.
In a statement, Adel Shakri, Director of Planning and Business Development, Public Transport Agency, RTA said: “Dubai’s taxi sector has seen a remarkable growth trajectory over the past five years. In the first quarter of this year, the number of taxi trips amounted to a staggering 27.3 million, showcasing a consistent upward trend when compared to the corresponding periods in previous years. The numbers were 26 million trips in 2022, 19.2 million trips in 2021, 23.3 million trips in 2020, and 26.1 million trips in 2019.”
“This sector experienced an unprecedented surge, marking its highest growth in recent years, particularly e-hail services, smart rental services, and Hala Taxi service. The analysis of figures and ratios of the sector during the first quarter of 2023 reflects the thriving economy of Dubai, which cemented its standing as a prominent global hub for investment and tourism,” Shakri added.
