Parkin Company PJSC ("Parkin") in Dubai, the largest provider of paid public parking facilities and services, has recently signed a Memorandum of Understanding ("MoU") with Saaed for Traffic Systems LLC ("Saaed"), a prominent solutions provider for traffic safety, parking, inspection services, and smart systems in the UAE.
The partnership between Parkin and Saaed aims to enhance parking and traffic operations by combining their expertise and technologies across various sectors in the UAE. This collaboration is seen as a strategic move to create new growth opportunities and deliver seamless mobility solutions throughout the region.
Saaed is known for its innovative technology solutions that focus on road safety, traffic management, and resolving vehicle incidents. The MoU signifies the shared vision of both companies to improve transport infrastructure while incorporating advanced smart technologies like facial recognition, video analytics, and robotics.
Dubai's CEO of Parkin, H.E.Mohamed Abdulla Al Ali, expressed his optimism about the collaboration, emphasizing the joint commitment to enabling seamless mobility and enhancing the transport ecosystem. Through this partnership, Parkin and Saaed will work on transport and mobility projects in the public and private sectors, supporting economic growth and population expansion.
Ibrahim Ramel, the CEO of Saaed, highlighted the significance of operating at the core of Dubai’s expansion plans and the pivotal role both companies play in the city's transport system. He also mentioned the commitment to value delivery to stakeholders and shaping the future of the industry through innovative transport solutions.
In conclusion, the partnership between Parkin and Saaed is poised to transform the transport sector in the UAE by integrating their capabilities and expertise to provide unrivalled services in parking, traffic management, and crowd control during major events and gatherings, ultimately driving positive impacts for communities and businesses alike.
