By Waheed Abbas www.emirates247.com
Dubai-based Cars Taxi Group will drive into two new markets this year by plying 1,000 more vehicles with an investment to the tune of more than Dh200 million, its chief executive said.
Abdullah Sultan Al Sabbagh said the company, which has presence in Malaysia, India, Kuwait and Qatar, is in the process to launch operations in Saudi Arabia and Singapore this year.
He said investments will not be less than Dh100 million in each country and add 500 taxis and recruit 60 employees in each country.
He made the comments recently while announcing the addition of another 55 hybrid taxis, growing the fleet size of existing Toyota Hybrid Camry between Dubai and Abu Dhabi to 100.
He revealed that the company plans to grow its hybrid taxi fleet to 7,000 in the UAE. More info