And they account for 42 per cent of the workforce and 40 per cent of the Emirate’s GDPNovember 24, 2015 4:32
Business of…Public Transport
As the RTA contemplates on giving us the 250kph Superbus and Qatar test runs a public bike sharing system, Kipp looks at the most vehicles that have become an integral part of our urban jungle.
April 12, 2011 4:55 by kippreport
While taxicabs are a common sight in most areas of the world, many people are not aware that most of these are operated by independent businessmen or subcontracted drivers. With high fuel prices, traffic congestion and parking limitations in most major metropolitan areas, a taxicab business can take advantage of a growing need for public transportation.
About 10-15 years ago, a cab ride in Dubai was mostly an enjoyable experience for Kipp. The trip usually came with friendly, easy conversation—loads of chatter about families back home and the nice weather. These days, however, it almost seems that one has to be mentally and psychologically prepared to duke it out with the cabbie—whether it’s for getting change for your fare or the travel distance at which you want to go.
Regardless of the experience over time, it’s undeniable that taxis will forever be a fixture in Dubai’s transport landscape.
With five taxi franchise companies in Dubai right now (Dubai Taxi, Arabia Taxi, National Taxi, Cars Taxi and Metro Taxi), there’s been a lot of regulation slowly being put into place. This includes the minimum 10AED fare around Dubai and the minimum 20AED fare to Sharjah.
Early this year, taxi tariff in Dubai was hiked by 11 fils per kilometre. According to CEO of Public Transport Agency Eisa Abdul-Rahman Al Dosari, “the increase is not intended to generate more profit for RTA or the five franchise companies operating in Dubai but to offset the rising fuel prices.” The last tariff increase made was in 2005.
SME’s represent 95 per cent of UAE businesses
Infographic: How does gender equality fare in the MENA region?
UAE Innovation Week: Emirates invests AED300bn in innovation projects
Dubai: More than $1.7 billion spent annually on sport
News: Dubai cab fares go up by 5 per cent