• Reinforces commitment in Driving Sustainable Mobility Solutions

Dubai, UAE – Salik Company PJSC (Salik), the exclusive toll gate operator of the Emirate of Dubai, will be the official mobility partner of the upcoming Future Sustainability Forum 2024, in line with its commitment to advancing sustainable transportation solutions and enhancing environmental consciousness within the UAE’s mobility sector.

To be held on December 4 and 5 at Madinat Jumeirah, Future Sustainability Forum is a highly anticipated event convening global leaders, industry experts, and key decision-makers to promote sustainable practices across diverse sectors. As the event’s official mobility partner, Salik will play an integral role in fostering a greener and more resilient economy, while reducing carbon footprint in support of the UAE’s Net Zero 2050 initiative.

Ibrahim Haddad, Chief Executive Officer of Salik Company PJSC, said, ‘At Salik, we uphold the highest environmental standards and seek innovative solutions that align with the Forum's focus on renewable energy, circular economy practices, climate resilience, and social equity. This partnership underscores our commitment to adopting sustainable and ethical practices for future generations by championing green, innovative mobility solutions that minimize environmental impact and enhance urban mobility’. 

‘Together, we aim to enhance impactful initiatives that address the interconnected environmental, economic, and social dimensions of sustainability, fostering a thriving, sustainable nation’. Ibrahim added.

The Future Sustainability Forum 2024 is expected to connect visionaries, innovators, and policymakers from across the globe. Salik will leverage this dynamic platform to showcase its sustainability-driven projects and lead pertinent discussions on the future of green mobility.

About Salik Company PJSC

The Company was established in its current form, as a public joint stock company in June 2022 pursuant to Law No. (12) of 2022. “Salik”, which means “seamless mobility” in Arabic, is Dubai’s exclusive toll gate operator and manages the Emirate of Dubai’s automatic toll gates utilising Radio-Frequency-Identification (RFID) and Automatic-Number-Plate-Recognition (ANPR) technologies. The Company currently operates 10 toll gates located at strategic junctures, especially on Sheikh Zayed Road, which is considered the main road in Dubai. In 2023, 593 million journeys were recorded through Salik’s toll gates, whether for residents commuting within the Emirate for their daily activities or for tourists visiting Dubai’s attractions. Under a 49-year concession agreement (ending in 2071), with the Roads and Transport Authority (RTA), Salik has the exclusive right to operate existing and any future toll gates in Dubai.

Disclaimer

No statement in document is intended to be nor may be construed as a profit forecast. Any statements made in this document which could be classed as "forward-looking" are based upon various assumptions, including management’s examination of historical operating trends, data contained in the Company’s records, and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant risks, uncertainties, and contingencies. Forward-looking statements are not guarantees of future performance. Risks, uncertainties, and contingencies could cause the actual results of operations, financial condition, and liquidity of the Company to differ materially from those results expressed or implied in the document by such forward-looking statements. No representation or warranty is made that any of these forward-looking statements or forecasts will come to pass or that any forecast result will be achieved. No reliance should be placed on any forward-looking statement. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of this communication. Furthermore, no representation or warranty is made as to the accuracy, completeness, or reliability of the information contained in this document. The information, statements, and opinions provided herein do not constitute a public offer under any applicable legislation or an offer to sell or solicitation of an offer to buy Salik Shares. In the event of any discrepancy or error in the numbers presented in this document, the information provided in the official financial statements shall prevail. We do not accept any liability for errors or omissions in the information contained herein.

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