DTC’s Governance Architecture
Governance Framework
The governance framework of Dubai Taxi is built on clear principles of transparency, accountability, and responsible leadership. It ensures that the Company operates in line with regulatory requirements, governance best practices, and the long‑term interests of its shareholders and stakeholders.
In 2025, DTC further strengthened its governance foundation by enhancing Board oversight, reinforcing the independence of control functions, and integrating risk, compliance, and sustainability considerations into strategic decision‑making. The framework continues to be dynamic, reviewed regularly to reflect regulatory updates, market expectations, and the Company’s evolving operational landscape.
DTC’s governance framework is guided by:
Federal Decree Law No. (32) of 2021 concerning Commercial Companies, and its amendments.
SCA Board Chairman’s Decision No. (3/ Chairman) of 2020 concerning the Governance Guide for Public Joint-Stock Companies, and any amendments thereto.
These frameworks collectively ensure that DTC maintains strong compliance and adheres to the highest governance standards.
Governance Policies and Procedures
A comprehensive set of governance policies underpins DTC’s operations and behaviours. These policies were reviewed throughout 2025 under a structured annual cycle by the Audit, Compliance, Legal and Governance functions and were formally ratified by the Board. Key policies include:
- Delegation of Authority Manual and Policy
- Insider Trading Policy
- Code of Conduct Policy
- Conflict of Interest Policy
- Disclosure and Transparency Policy
- Related Party Transactions Policy
- Whistleblowing Policy
- Corporate Social Responsibility (CSR) Policy
- Data Confidentiality Policy
- Anti‑Bribery and Corruption Policy
- Dividend Policy
- Stakeholder Relationship Policy
- Diversity & Inclusion Policy
Governance Manual
A consolidated reference document that brings together DTC’s governance policies, procedures, and operating practices. The Governance Manual provides a single source of clarity on governance roles, decision‑making authorities, Board and Committee processes, and organisational governance expectations, supporting consistent application of governance principles across the Company.
This suite of policies forms the operational backbone of DTC’s governance environment.
Governance Structures
The governance structure of Dubai Taxi ensures clear lines of oversight, effective accountability, and a well‑balanced relationship between the Board and Executive Management. It reflects the Company’s commitment to strong governance practices that support sustainable growth and responsible leadership.
Governance Facets
The Governance Facets model represents DTC’s holistic approach to governance. Introduced during the first year following the Company’s listing, the model continues to guide how governance responsibilities and behaviours are embedded across the organisation.
In 2025, Dubai Taxi further refined these facets to support strategic priorities, strengthen accountability, and reflect maturing governance expectations.
Board Governance
Board Governance remains the core element, ensuring effective oversight, strategic direction, and accountability throughout the organisation.
Core Governance Facets
1
Internal Control & Risk Governance
Ensures effective risk management, internal controls, ICFR, and assurance mechanisms.
2
Transparency & Disclosure Governance
Supports accurate, timely, and regulatory‑compliant disclosure to the market and stakeholders.
3
Ethical Governance
Promotes ethical behaviour, integrity, and adherence to Company policies and regulations.
4
Sustainability & CSR Governance
Integrates environmental, social, and governance (ESG) considerations into strategy and operations.
5
Information Governance
Ensures responsible management of data, confidentiality, and information security.
6
Technology Governance
Supports digital transformation, cybersecurity, and efficient use of technology.
7
Executive Compensation Governance
Ensures fair, transparent, and performance‑linked remuneration frameworks.
8
Stakeholder Engagement & Communication Governance
Supports structured dialogue with investors, regulators, and key stakeholders.
Governance Principles
The governance principles of Dubai Taxi Company form the foundation of how the Company operates and makes decisions. These principles guide the Board, Committees, Executive Management, and all employees in their commitment to ethical, transparent, and responsible conduct.
Group and Subsidiary Governance
Dubai Taxi applies a unified governance framework across the Company and its subsidiaries, ensuring consistent standards of oversight, accountability, and compliance at Group level.
The framework is designed to ensure that subsidiary activities operate within the strategic direction, risk appetite, and governance expectations approved by the Board of Directors. Oversight of subsidiaries is exercised through the Board and its Committees, particularly in areas relating to strategy, investment, risk management, compliance, and internal control.
Subsidiary governance arrangements are aligned with DTC’s Articles of Association, applicable laws and regulations, and the SCA Governance Guide, while allowing for operational flexibility appropriate to the nature and scale of subsidiary activities. This approach supports effective supervision, transparency, and consistency across the Group.
