Abu Dhabi announces free parking, toll-free roads and public transport timings for New Year’s Day
toll roads
Latest in toll roads
Abu Dhabi
Eid Al Etihad holiday announced; UAE petrol prices set to change; AED100m lottery launched; Riyadh Metro opening date – 10 things you missed this week
UAE petrol prices, Eid Al Etihad holiday dates, national lottery announced, Riyadh Metro launch and more top news stories this week
Dubai parking
Dubai announces new Salik and parking prices; variable tolls and free journeys explained
RTA announces variable road toll and parking fees in Dubai
dubai salik gates
Dubai announces opening two new Salik toll gates to ease traffic
The new toll gates will be located at Business Bay Crossing and Al Safa South on Dubai’s Sheikh Zayed Road, and will be operational from November 24, 2024
Dubai
Salik completes valuation of new toll gates; revises revenue guidance
Combined valuation of Business Bay and Al Safa South is $744.4 million; Will increase revenue-generating trips by 7-8% for 2024
Abu Dhabi parking
Abu Dhabi announces free parking and toll-free roads for Eid Al Adha 2024 holidays
Abu Dhabi announces free-parking and toll-free roads for the duration of Eid holiday
Dubai roads
Dubai’s Salik revenue up 8% to $153m in Q1
Salik recorded over 122m revenue-generating trips in Dubai in Q1 2024
Abu Dhabi parking
Abu Dhabi announces free parking and toll-free roads for Eid Al Fitr 2024 holidays
Abu Dhabi announces free-parking and toll-free roads for the duration of Eid holiday
dubai salik gates
Dubai toll gate operator Salik reports record revenue of AED2.1bn in 2023
Salik toll usage revenue, which accounts for 87.5 percent of total revenue, increased by 11.7 percent year-on-year, reaching AED1,845 million
dubai salik gates
Salik reports highest Q3 revenue in its 16 years of operations
The company reiterates its full-year financial guidance and expects revenue-generating trips to grow 9-10 per cent compared to 2022
apps
Saudi and Bahrain launch e-gates on King Fahd Causeway
Travellers between Saudi Arabia and Bahrain won’t need to stop for cash payments
cash dividend
Dubai’s Salik to pay AED491.4mn in dividends
Toll-gate operator Salik reported a net profit of AED529 million for the second half of 2022
dubai salik gates
Salik IPO to benefit from Dubai’s 2040 master plan
Salik is Dubai’s third IPO of the year, and the firm is “well-positioned to benefit” from the plan
DFM
Salik raises over $1 billion from oversubscribed IPO
The company’s shares will now begin trading on the Dubai stock exchange starting September 29
Dubai
New Salik toll gates in Dubai could launch as company looks to boost revenue
The company operating Dubai’s Salik toll gates is set to sell its shares on the DFM, increasing the likelihood that the firm will look for new ways to increase revenue, revive branding efforts, ahead of its IPO
Dubai
New Salik branding, more toll gates: Everything we know about Dubai’s next big IPO
The company currently operates eight toll gates across Dubai – particularly placed in strategic junctures, bridges, and other high-traffic areas in the emirate
Abu Dhabi motorists
Abu Dhabi commuters to face toll payments from January 2
Four toll gates in the UAE capital to start operating as Darb system goes live