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Sun 24 Aug 2014 12:27 PM

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Emirates Transport reports $408m in revenues for 2013

Emirates Transport also reported total assets of approximately $544m for 2013

Emirates Transport reports $408m in revenues for 2013

Emirates Transport has reported total revenues of $408m (AED1.5 billion) for 2013, maintaining an annual growth rate of 18 percent over the past five years, the federal government corporation has announced in its annual report for 2013.

Emirates Transport also reported total assets of approximately $544m (AED2 billion) for 2013.

Emirates Transport’s report, titled 'Growth and Sustainability' and marks 32 years of the corporation's work, says in 2013 the corporation, which now has 800 clients from the public and private sectors, has signed 218 new major contracts and investment agreement with strategic partners.

The transport and services corporation attributed the results to the efforts of its 13,600 employees working at 41 sites across UAE and to its fleet of 13,500 buses and vehicles.

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