Al Haddad spent the last nine years as RTA’s commercial and investment director
The Executive Council of Dubai is authorised to determine the percentage of shares that can be offered for subscription either through an IPO or private placement
It wasn’t clear yet what valuation Salik will seek
The toll system could add additional banks before the listing
There are currently eight Salik toll gates in the city, with three million vehicles registered in the system
The amount collected by the Dubai government’s online payment services in the first half of 2012 increased 21 per cent year-on-year.