Emirates Driving Company (PJSC), listed on the Abu Dhabi Stock Exchange under the name (DRIVE), affirmed its keenness to boost the economy by opening access to 49% foreign shareholding, in line with the Abu Dhabi government’s vision to open up to the global economy. It facilitates the flow of capital and improves the performance of the financial market in a way that is reflected in the economy of the country and the Emirate of Abu Dhabi in particular, and contributes to improving the classification of financial markets and raising their competitiveness in the region and the world.
Emirates Driving Company (PJSC) is a company concerned with training and qualifying applicants for obtaining a driver’s license and contributing to improving road safety factors within the Emirate of Abu Dhabi, as it offers courses for driving light vehicles, heavy vehicles, motorcycles and machineries.
Mr. Khaled Al Shemeili – Acting CEO of Emirates Driving Company – emphasized the importance of this step for the local economy, saying: “This step is a validation of the Abu Dhabi government’s vision aimed at attracting foreign investment and we are proud that we are one of the first companies to support this trend of investing capital. The foreigner. ”
Mr. Khaled Al Shemeili added: “This step will help us expand and diversify our investor base by attracting foreign investors, which enhances liquidity in the Abu Dhabi financial markets. We are working to attract foreign investors, including individuals and institutions, to buy our shares.”
Emirates Driving Co. engages in the management and development of motor vehicles driving training and services. It offers courses on light and heavy vehicles, heavy buses, and motorcycles. The company was founded on April 1st, 2000 and is headquartered in Abu Dhabi, United Arab Emirates.
Since its establishment in Abu Dhabi in 2000, Emirates Driving Company has been keen to follow modern technologies and innovative methods in its training programs, which led to its success in training and qualifying approximately 55,000 applicants to obtain a driver’s license in COVID-19 pandemic-hit.
