Under the directives of Maktoum bin Mohammed… the listing of “Salik”...

Dubai (WAM)

Under the directives of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, the Dubai Financial Markets and Exchanges Development Committee, chaired by His Highness, announced the inclusion of the “Salik” traffic toll system in the Dubai Financial Market, as part of its strategy seeking to include a group One of the largest successful governmental and semi-governmental companies, with the aim of doubling its value to reach 3 trillion dirhams during the coming period.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum said in a tweet on Twitter: “We have approved within the Dubai Financial Markets and Exchange Development Committee a plan to include the traffic tariff system (Salik) in the Dubai Financial Market. The Salik system is successful, and investing in it holds great opportunities, and the goal is to diversify the government companies we list in the market in order to achieve the best return for investors within our markets.”
upgrading the infrastructure
The Salik toll system, which was introduced by Dubai for the first time in the country and the region in 2007, is one of the main infrastructure assets in the emirate, and is one of the pioneering projects that provided a unique model in supporting infrastructure development efforts, which is the distinguishing feature of Dubai. Salik’s distinction as a successful investment project is due to the advanced technology that it relied on, and the permanent economic and civilizational growth that Dubai is witnessing.
The inclusion of successful companies and institutions at the operational and financial levels contributes to enhancing market performance and enhancing investor confidence, within a stimulating investment climate, ensuring the consolidation of Dubai’s position as a center for business and finance in the region.
The great diversity of companies offered by the Dubai government in the financial markets provides great and diversified opportunities for investors in all sectors, within an economic environment that is witnessing stability and steady growth.

3 million vehicles
The Salik toll system, launched by the Dubai Roads and Transport Authority, aims to regulate the traffic process, reduce traffic congestion and encourage the use of public transportation and the use of alternative roads. The statistics of vehicles and traffic density in Dubai reflect the promising future of the project, especially in light of the high pace of development plans in the emirate in preparation for the next phase. The number of vehicles registered in the emirate has witnessed a steady increase over the past years, and the number of vehicles registered with the “Salik” traffic tariff system reached 3 million, including 1.8 million vehicles registered in Dubai. The number of Salik gates currently stands at eight: Al Barsha, Al Garhoud, Al Maktoum, Al Mamzar (South), Al Mamzar (North), Al Safa, the Airport Tunnel and Jebel Ali.