Borsat Al Khaleej Live Support
05/03/2026 06:21 AST
Salik Company on Wednesday said its net profit for 2025 jumped 33.4 per cent to Dh1.55 billion compared to Dh1.16 billion in the previous year on the back of higher toll usage, cost efficiency and fine revenues.
Dubai's toll gate operator said its revenues jumped to Dh3.09 billion in 2025, up from Dh2.20 billion in 2024, registering a growth of 35.1 per cent.
Revenue from fines reached Dh280.6 million in 2025, contributing 9.1 per cent to total revenue compared to 10.3 per cent in 2024.
Salik's tag activation fees contributed 1.5 per cent of total revenues in Q4 2025, reaching Dh46.9 million - a 14.8 per cent increase - supported by a rise in registered active vehicles.
Total ancillary revenue reached Dh24 million, driven by revenues from Parking Payment Solutions partnerships with Emaar Malls and Parkonic, a significant increase of more than 300 per cent. Salik rolled out a barrier-free parking payment solution since July 2024, and expanded it with a partnership with Parkonic across key parking areas.
Khaleej Times
12/05/2026
Salik Company, Dubai's sole toll gate operator, said on Monday that fines reached Dh69.1 million in the first quarter of 2026, up just 1 per cent compared to the same period last year, as total charg
Khaleej Times
11/05/2026
Salik Company, Dubai's sole toll gate operator, said on Monday that fines reached Dh69.1 million in the first quarter of 2026, up just 1 per cent compared to the same period last year, as total charg
Khaleej Times
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Saudi Agricultural and Livestock Investment Co., a wholly owned subsidiary of the Public Investment Fund, has raised its stake in Olam Agri to 80.01 percent in a SR7 billion ($1.88 billion) deal, mar
Arab News
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| ALPHADHABI | 7.32 | 0.09 (1.24 |
| MODON | 2.97 | 0.10 (3.48 |
| ADNOCLS | 5.77 | 0.04 (0.69 |
| ADPORTS | 4.42 | 0.13 (3.03 |
| AIRARABIA | 4.70 | 0.04 (0.85 |
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