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🇦🇪 United Arab Emirates /Technology

Dubai’s Salik renews five-year TransCore deal to expand AI tolling and parking payments

From Khaleej Times · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources New plan
  • Salik renewed its five-year agreement with TransCore to continue developing Dubai’s tolling systems and explore artificial intelligence and other digital solutions.
  • The partnership will expand Salik’s payment platform into parking and other mobility services as part of Dubai’s smart mobility plans.
  • Salik expects annual operating expenses to remain at 5% to 5.5% of total annual revenue, despite stronger provisions for sustainability, governance, cybersecurity and system upgrades.

Dubai road toll operator Salik has renewed its contract with U.S.-based TransCore for five years, extending a partnership that began 18 years ago and dates back to the design of the emirate’s original tolling infrastructure in 2006.

The renewed agreement covers the continued development of systems and technologies supporting tolling operations. The companies will explore artificial intelligence and advanced digital tools to improve operational performance, reliability and future readiness.

The partnership will also broaden Salik’s role beyond road tolling. Its payment platform is expected to expand into parking payments and other current and future mobility services, with the companies aiming to create a more seamless customer experience within Dubai’s smart mobility ecosystem.

Over the next five years, we look forward to leveraging artificial intelligence, advanced technologies and digital solutions to further enhance the future readiness and performance of our operations, while strengthening Salik’s portfolio and expanding its application across a broader range of mobility services.

· Ibrahim Al HaddadSalik’s CEO described the company’s plans under the renewed partnership.

“Over the next five years, we look forward to leveraging artificial intelligence, advanced technologies and digital solutions to further enhance the future readiness and performance of our operations, while strengthening Salik’s portfolio and expanding its application across a broader range of mobility services,” Salik CEO Ibrahim Al Haddad said.

TransCore CEO Whitt Hall said the company remained committed to supporting Salik’s plans to develop Dubai’s tolling system and to providing services focused on efficiency, quality and reliability. Salik said the new agreement would not materially change the expected financial impact of the previous contract. Annual operating expenses are expected to remain between 5% and 5.5% of total annual revenue, despite enhanced requirements covering sustainability, governance, cybersecurity, maintenance, business continuity and system upgrades.

In the coming years, we look forward to supporting Salik’s ambitions and vision to continue developing Dubai’s tolling system.

· Whitt HallTransCore’s CEO reaffirmed the company’s role in developing Dubai’s tolling infrastructure.
About this summary

Originally published by Khaleej Times in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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