Parkin will operate and manage 29,600 paid parking spaces under a new agreement with Dubai Holding.
In a statement, Parkin said it will deploy advanced digital technologies and real-time data analytics to enhance operational efficiency and optimise parking management across the designated areas.
The partnership is expected to create added value for Dubai Holding’s communities, enhancing space optimisation, accessibility, smart mobility and urban connectivity.
This expands Parkin’s total developer-owned portfolio to 50,400 parking spaces, with a moderate impact on operational income from mid-Q3 2025.
Mohamed Abdulla Al Ali, CEO of Parkin, said the "operational rollout will proceed in phases".
UAE sets 15 as minimum age for social media use
UAE extradites 3 suspects to Belgium in money laundering, drug trafficking case
UAE joins call to end settler violence in occupied West Bank
RTA expands driver training zones in Dubai, opens doors to investors
സോഷ്യൽ മീഡിയ ഉപയോഗിക്കുന്നതിനുള്ള പ്രായ പരിധി 15 ആയി നിശ്ചയിച്ച് യു എ ഇ
ആഗോളതലത്തിൽ സാമ്പത്തിക പ്രകടനത്തിൽ യു എ ഇയ്ക്ക് ഒന്നാം സ്ഥാനം;പ്രശംസിച്ച് ഷെയ്ഖ് മുഹമ്മദ്
FANR chief reviews operations at Barakah Nuclear Power Plant
H.H. Sheikh Mohammed lauds UAE for topping global list for economic achievements
