Investment Case

Salik operates all toll gates across Dubai’s road network under a 49‑year Concession Agreement extending to 2071, with exclusive rights to operate current and any future potential gates. Its toll gates are positioned at high‑traffic bridges and routes, reducing commute times and promoting toll road use for quicker travel.

See Operational Review for more information

Dubai’s population growth in 2025 is estimated at 3.5% and was approximately four million in August 2025 and is projected to increase by 45% to reach 5.8 million by 2040. The Dubai 2040 Urban Master Plan supports this growth, expanding five urban centres, three of which are near Salik’s toll gates on Sheikh Zayed Road. The Government of Dubai Media Office estimates Dubai’s annual GDP growth to be 4.7% in 2025 and the IMF estimates that the UAE will have GDP growth of 5.0% in 2026.

See Market Overview for more information

See Strategy for more information

Salik’s core infrastructure is highly invested and technologically advanced, with RFID and OCR technologies enabling a seamless, booth‑free toll collection system that keeps traffic flowing smoothly. Its custom‑built technology provides registration plate recognition, minimises toll leakage and maximises operational efficiency.

See Strategy for more information

Salik’s capex‑light model drives high cash conversion and top‑tier margins, surpassing global infrastructure peers with lower capital requirements and stronger cash returns. The concession agreement requires the RTA to cover all road and toll gate development costs, thereby minimising Salik’s capex.

See CFO’s Review for more information

Salik is a forward‑thinking, sustainable enterprise aligned with Dubai’s ESG agenda. Its ESG initiatives support Dubai’s green goals through free‑flow tolling that reduces congestion and emissions, energy‑efficient solutions, and tag fee exemptions for electric vehicles.

Salik targets sustainable development across emissions reduction, renewable energy, community engagement, and health and safety.

See Sustainability Review for more information

Salik intends to pay 100% of the net profit available for distribution as dividends on a semi‑annual basis. This dividend policy is subject to the Board’s consideration of the cash management requirements of the Company’s business for operating expenses, interest expenses, and anticipated capital expenditures and investments.

See CFO’s Review for more information