Parkin, the largest provider of paid public parking facilities and services across Dubai, has announced it has entered into an agreement with a private developer for the exclusive provision of parking services at six locations in Dubai.
The agreement will add around 7,500 spaces to Parkin's portfolio.
The new lots, located in Al Sufouh Gardens, Arjan, Dubailand Residence Complex, Jaddaf Waterfront, Liwan 1&2, and Majan, will be operational from 8:00 a.m. to 10:00 p.m. Monday to Saturday, with Parkin responsible for issuing fines for non-compliance with parking laws and regulations.
The company will manage the spaces for four years, with operations expected to be in place by the end of July.
The agreement boosts the total of private developer spaces managed by Parkin to 17,500.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Volodymyr Zelenskyy, President of Ukraine, on Monday attended the signing of the Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
Abu Dhabi Department of Economic Development (ADDED), in collaboration with The Endowments and Minors’ Funds Management Authority (Awqaf Abu Dhabi), has issued a resolution on the establishment and licensing of endowment institutions in Abu Dhabi.
The International Defence Conference 2025 commenced on Sunday at Emirates Palace in Abu Dhabi, bringing together defence and security leaders, experts, and companies from around the world to discuss key challenges and opportunities in the sector.
Ahmed bin Saeed chaired the Dubai Supreme Council of Energy meeting on Sunday, which reviewed progress in carbon emission reduction technologies in alignment with the UAE’s Net Zero 2050 Strategy and the Dubai Carbon Abatement Strategy 2030.
UAE, Ukraine Presidents witness CEPA signing
Abu Dhabi issues new endowment company rules
IDC 2025 discusses global disruptions, defence preparedness
Dubai Energy Council reviews carbon emissions progress
