Parkin Company, the largest provider of paid public parking facilities and services in Dubai, has signed a memorandum of understanding with Saaed for Traffic Systems, the leading solutions provider for traffic safety, parking, inspection services, and smart systems in the UAE.
The two companies will collaborate on transport and mobility infrastructure projects across the public and private sectors in the UAE. The strategic partnership reflects Parkin and Saaed’s mutual commitment and joint focus on enhancing parking and traffic operations and management. They also seek to advance regulation in the region at high-profile and international events.
In the presence of H.E. Brigadier Engineer Hussain Ahmed AlHarthi Saaed, chairman of the board, the MoU was signed at Gitex in Dubai by Eng. Mohamed Abdulla Al Ali, CEO of Parkin and Eng. Ibrahim Ramel, CEO of Saaed.
Enabling seamless mobility across the UAE
Saaed provides innovative technology solutions to regulate road safety, manage traffic flow, and resolve vehicle incidents. During major events and gatherings, the company provides parking, traffic, and crowd management services, ensuring mobility and security. Saaed also employs advanced smart technologies including facial recognition, video analytics, biometrics, big data and robotics.
“Parkin and Saaed have a shared vision to enable seamless mobility throughout the UAE and beyond. We will collaborate on critical projects that drive positive impacts for communities, businesses, and major events,” stated Al Ali.
By leveraging highly complementary assets, operations, and expertise, this partnership will unlock new opportunities for growth while supporting the social and economic development of the region. This progress, Al Ali added, reflects Parkin’s steadfast commitment to delivering value to its stakeholders and shaping the future of the industry.
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World-class transport solutions
“Operating at the center of Dubai’s ambitious expansion plans, both Saaed and Parkin have a systemic role in the city’s transport ecosystem,” added Saaed’s Ramel. The two companies will offer their market-leading capabilities, experience, operational excellence and technological know-how to prospective clients across the UAE.
“This visionary partnership supports our shared ambitions to develop world-class, innovative, and secure transport solutions, enabling greater connectivity that supports economic growth and population expansion,” he added.
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