Pay day for taxi share­hold­ers

7 Days in Dubai - - NEWS -

Sheikh Mo­hammed bin Rashid Al Mak­toum, Vice-Pres­i­dent and Prime Min­is­ter of the UAE and Ruler of Dubai, has or­dered the pay­ment of a Dhs33.28 mil­lion bonus to Emi­rati cit­i­zens whose taxi num­ber plates are op­er­ated by the Dubai Taxi Cor­po­ra­tion and Taxi Fran­chise Com­pa­nies. Some 6,656 taxis in the fleet are fran­chised and op­er­ated in such a man­ner. The sys­tem can be traced back to the 1990s, be­fore the taxi fran­chise was brought in and Emi­ratis pri­vately owned taxis. Each year the own­ers re­ceived a bonus and this year’s is a 25 per cent in­crease from 2014’s bonus. RTA will start dis­tri­bu­tion of the 2015 bonus to the en­ti­tled re­cip­i­ents, over and above their an­nual fi­nan­cial dues from this week. Mat­tar Al Tayer, Di­rec­tor­Gen­eral of RTA, said the pay­ment will en­able them to “bet­ter cope with the re­quire­ments of life and pro­vide de­cent liv­ing for them and their fam­i­lies.” He said: “This bonus is one of sev­eral other gen­er­ous ges­tures we are ac­cus­tomed to from HH Sheikh Mo­hammed. It also il­lus­trates the at­ten­tion made to pro­vide good liv­ing to all mem­bers of the com­mu­nity, and ar­tic­u­lates the pre­vail­ing so­cial sol­i­dar­ity con­cepts among in­di­vid­u­als.”

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