Salik Reports AED 704 Million in First-Half 2026 Profit

Salik

Salik Company, Dubai’s exclusive toll gate operator, announced its financial results for the first half of 2026, reporting a net profit of AED 704 million and a net profit margin of 49.9%.

The company’s total revenue reached AED 1.412 billion during the six-month period, while Salik maintained a strong financial position.

Strong Financial Performance

His Excellency Mattar Al Tayer, Chairman of Salik, said the results achieved during the first six months of the year reflect the strength of the company’s business model and its ability to continue delivering sustainable results.

The performance was supported by Dubai’s resilient economic model, world-class infrastructure, Salik’s operational execution, and the company’s disciplined approach to financial management.

He said: “Salik delivered sustainable financial performance, recording a net profit of AED 704.0 million, with a net profit margin of 49.9%, alongside earnings before interest, taxes, depreciation, and amortization of AED 975.6 million, with a margin of 69.1%. This reflects the efficiency of the company’s operational management and its ability to achieve balanced financial results that combine strong revenue levels with the maintenance of the highest levels of profitability. The number of active accounts also increased to 2.9 million, confirming growing confidence in the company’s services and the continued expansion of its user base.”

His Excellency added that Salik continues to implement its long-term strategy aimed at creating sustainable value for shareholders by pursuing available investment opportunities, improving operational efficiency, and benefiting from the economic momentum expected across the Emirate of Dubai.

Dubai’s continued progress in strengthening its position as a leading global center for business and investment is expected to provide Salik with further opportunities for growth and support the company’s ability to deliver positive results over the long term.

383.8 Million Trips in the First Half

Ibrahim Sultan Al Haddad, Chief Executive Officer of Salik, said: “The first half of 2026 demonstrated the resilience of Salik’s business model and the company’s ability to efficiently execute its strategic priorities in a more balanced operating environment.”

The total number of trips recorded during the first half of the year reached 383.8 million, while the number of registered active accounts increased to 2.9 million.

Al Haddad noted that the second quarter marked the beginning of a recovery in traffic volumes, with gradual improvement during April and May. By June, traffic volumes had returned to levels close to normal compared with the same period of the previous year.

He said: “Our disciplined operating model enabled the company to maintain strong profitability levels and continue generating healthy cash flows.”

Expanding the Digital Mobility Ecosystem

Al Haddad added: “The UAE continues its development journey, supported by a diversified economy, advanced infrastructure, and a proactive policy environment. Today, we are laying the foundations for Salik’s next phase of growth by expanding our digital mobility ecosystem.”

During the first half of 2026, Salik continued to broaden its service portfolio, drawing on its technology capabilities and experience in seamless payment solutions to strengthen its presence in the digital mobility sector across Dubai and the wider UAE.

Al Haddad said: “During the first half of this year, we successfully strengthened our service portfolio through a 10-year agreement with Dubai Airports to enable seamless parking payments using the innovative payment system available through Salik’s e-wallet. The service covers parking facilities at Terminals 1, 2, and 3, in addition to the major cargo terminal, and was implemented starting January 22, 2026. We also expanded our cooperation with Valtrans across more than 100 locations in the UAE.”

The agreement with Dubai Airports provides motorists with a more convenient parking payment experience by connecting the facilities to Salik’s e-wallet. Meanwhile, the cooperation with Valtrans supports the expansion of Salik’s services across more than 100 locations throughout the country.

New Partnerships Supporting Business Growth

Salik continues to establish new strategic partnerships that expand the reach of its services, diversify its business activities, and strengthen its presence in parking and smart mobility solutions.

Al Haddad added: “We also signed a memorandum of understanding with Shamal Holding to provide seamless parking payment solutions at Dubai Harbour, which became operational in July 2026. In addition, we signed a memorandum of understanding with the Dubai Integrated Economic Zones Authority to provide seamless mobility solutions covering more than 21,000 parking spaces across the authority’s free zones, marking the launch of a new business segment for Salik.”

These agreements reflect the company’s strategy of expanding into new sectors and using its digital infrastructure to provide integrated payment and mobility solutions.

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