Construction & Real Estate

Parkin makes Egypt foray with new smart mobility solutions deal

Parkin Company has signed an agreement with Modon Misr for Asset & Facility Management, Mwasalat Misr and Redcon Properties to explore opportunities for collaboration in developing parking management and smart mobility solutions in Egypt, thus marking its first entry into the Egyptian market....

Construction & Real Estate

Parkin Q2 net profit rises 12% to AED166.2 million

Dubai's exclusive public parking operator Parkin has announced a 14% jump in its total revenue for the second quarter which rose to AED364.1 million ($99 million), while its net profit for the three-month period was up 12% supported by growth in seasonal cards, developer parking and enforcement. ...

Construction & Real Estate

Q Mobility, Parkin to advance smart parking integration across Abu Dhabi, Dubai

Q Mobility, a leading operator of public parking in the Emirate of Abu Dhabi, and Parkin Company, the largest provider of public parking facilities and services in Dubai, have signed a memorandum of understanding (MoU) to strengthen collaboration on smart parking solutions and enhance digital integration between the parking ecosystems of the two emirates. ...

Construction & Real Estate

Parkin inks five-year parking management framework deal with Al Futtaim Group

Parkin Company, the largest provider of paid public parking facilities and services in Dubai, has signed a five-year Parking Management Framework Agreement with Al Futtaim Group to deliver parking regulation and enforcement services across key retail destinations in the emirate. ...

Construction & Real Estate

DP World, Parkin roll out smart parking system at key market

DP World has partnered with Parkin to roll out a smart parking system at the Al Aweer Central Fruit and Vegetable market, managing approximately 2,500 parking spaces for light vehicles and 500 trucks. ...