Parkin Company PJSC (Parkin), Dubai’s largest provider of paid public parking facilities and services, has teamed up with Saaed for Traffic Systems LLC (Saaed).
Saaed provides pioneering technology solutions to enhance road safety, manage traffic flow and mitigate vehicle incidents. During major events and gatherings, the company provides parking, traffic, and crowd management services, ensuring mobility and security. Saaed employs cutting-edge smart technologies such as facial recognition, video analytics, biometrics, big data, and robotics.
The MoU, revealed during GITEX in Dubai, was signed by Eng. Mohamed Abdulla Al Ali, CEO of Parkin and Eng. Ibrahim Ramel, CEO of Saaed, in the presence of H.E. Brigadier Engineer Hussain Ahmed AlHarthi Saaed Chairman of the Board.
Under this agreement, Parkin and Saaed will collaboratively work on transport and mobility infrastructure projects across the public and private sectors in the UAE. The partnership highlights Parkin and Saaed’s shared commitment and joint focus on improving parking and traffic operations, management, and regulation in the region, including at high-profile, international events.
Eng. Mohamed Abdulla Al Ali CEO – Parkin
“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. By leveraging highly complementary assets, operations and expertise, this partnership will unlock new opportunities for our growth platform while supporting the social and economic development of the region. Our continued strategic progress reflects Parkin’s steadfast commitment to delivering value to our stakeholders and shaping the future of our industry.”
Eng. Ibrahim Ramel, CEO of Saaed, stated that, “Operating at the center of Dubai’s ambitious expansion plans, both Saaed and Parkin have a systemic role in the city’s transport ecosystem. Combining our market-leading capabilities will showcase our unrivalled 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.”
