EL7.AI
StocksUpdated•Originally published 6 September 2026•Updated 6 September 2026•
2 min read

Salik renews TransCore contract for 5 years, sees operating expenses at 5%-5.5% of revenue

Key Facts

1Salik announced on September 6, 2026 that it renewed the TransCore contract for 5 years.
2The company expects annual operating expenses equal to 5%-5.5% of total annual revenue.
3The contract covers exploring AI and digital solutions and using the payment platform for mobility services, including parking.
4The relationship began in 2006, when TransCore helped develop Dubai's original tolling system.
5Salik's platform operates 10 automatic gates, with 100% roadside-system uptime in 2025 versus 99.99% for the data centre.

Salik announced on September 6, 2026 that it renewed its strategic partnership contract with TransCore for 5 years to support Dubai's tolling system. The contract was signed by Salik Chief Executive Ibrahim Sultan Al Haddad and TransCore Chief Executive Whitt Hall in the presence of Salik Chairman Mattar Al Tayer. The renewal provides for continued development of the systems and technologies supporting toll operations. The company said the expected financial impact is not materially different from the previous contract.

The contract covers exploring the use of AI and advanced digital solutions to improve operating efficiency and system performance. The cooperation also covers developing Salik as an integrated payment platform for mobility services, including parking payments. The renewed framework strengthens requirements for sustainability, governance, cybersecurity, maintenance and business continuity. It also allows system upgrades to meet the needs of existing services and future initiatives.

The Salik-TransCore relationship dates to 2006, when TransCore helped design and develop Dubai's original tolling system. Salik's annual report describes TransCore as a strategic partner providing tolling services, development and infrastructure. Salik's platform combines RFID and ANPR technologies to process toll transactions across 10 automatic gates. In 2025, average uptime was 100% for the roadside toll-gate system, versus 99.99% for the data centre.

Salik expects annual operating expenses to range from 5% to 5.5% of total annual revenue. That range remains expected despite stronger contractual, operating and oversight requirements, consistent with the company's assessment that the financial impact will not change materially. In Q1 2026, ancillary revenue reached AED 8.0 million, up 147% year on year, driven by parking-payment partnerships with Emaar Malls, Parkonic and Dubai Airports. This shows that mobility payments are an existing revenue line for Salik, while the contract's technology scope can support additional payment services.

During the 5-year contract term, the parties will continue developing tolling systems while exploring AI applications and digital solutions. Planned upgrades cover current service requirements and any future initiatives Salik may adopt. The announcement did not disclose the contract value, a defined milestone schedule, or quantified revenue or savings attributable to the renewal. The AI and mobility-service elements therefore remain opportunities under exploration, not completed deployments under the renewal.