Emirates Driving Company Integrated Report December 31,2025 | premargin
Emirates Driving Company Integrated Report December 31,2025
·ADX·Financial Reports | Integrated Report·March 13, 2026·View on exchange
AI Summary
Emirates Driving Company (EDC) reported a 50% increase in customer revenue to AED 770 million and a 23% rise in net income to AED 346 million for the fiscal year ending December 31, 2025.
The Group reached an agreement to acquire a 22.5% stake in Mwasalat Holding with an option to increase the shareholding to a controlling 50.6% position, expanding its footprint into public transport and taxi services.
EDC entered a joint venture with Vcharge to establish 'ChargePoint,' a national EV charging platform currently deploying more than 1,800 public charging sockets in partnership with Abu Dhabi’s Integrated Transport Centre.
The company maintained a provisional 'AAA' ESG rating from MSCI for the second consecutive year and finalized its 2026–2030 Digital and AI Roadmap to enhance operational efficiency and modernize service delivery.