Emirates Driving Company
Emirates Driving Company (DRIVE) is a Consumer Discretionary company listed on the ADX stock exchange in the United Arab Emirates.
Established in 2000, Emirates Driving Company PJSC (EDC) is the leading provider of driver education and the premier pre-licensing driving institute for the emirate of Abu Dhabi. EDC consistently delivers the highest standards of driver training to support safe and secure road mobility in Abu Dhabi amid rapid population growth and urban development. Since its inception, the company has engaged in a strategic partnership with the Swedish National Road Authority (SweRoad) for the continuous development of its curricula according to global standards. In addition, a joint quality committee with the Abu Dhabi Police ensures training programmes and methodologies are kept up-to-date and aligned with the applicable laws. Moreover, EDC is a leading contributor to the Abu Dhabi road safety education committee and regularly contributes to the Integrated Transport Centre (ITC) through technical and educational input.
Current stock price: AED 3.16 (+0.64% today). Market capitalization: AED 3,403.32. P/E ratio: 2.7.
Financial performance (2026): Revenue AED 738.1, Net Income AED 335.81.
Dividends: Annual yield 5.38%, Annual dividend AED 0.170 per share. Consecutive years of dividends: 10.
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