Parkin and Saaed Join Forces to Enhance Seamless Mobility Solutions

Photo : Dubai government media office

Parkin Company PJSC, the leading provider of paid public parking facilities and services in Dubai, has officially entered into a Memorandum of Understanding (MoU) with Saaed for Traffic Systems LLC, the foremost solutions provider for traffic safety, parking, inspection services, and smart systems in the United Arab Emirates. This significant partnership aims to bring together the strengths of both organizations to improve transport and mobility infrastructure across the region.

The agreement unites Dubai's largest public parking provider with the UAE's top traffic management and safety solutions operator. The collaboration is expected to foster new business opportunities, leveraging both companies’ complementary operations, technology, and expertise. This MoU represents a pivotal step in unlocking growth across various sectors within the UAE, contributing to a more efficient transportation ecosystem.

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Saaed is known for its innovative technology solutions that enhance road safety, manage traffic flow, and address vehicle incidents. The company provides crucial parking, traffic, and crowd management services during major events and gatherings, ensuring smooth mobility and security for all participants. Its use of advanced smart technologies, including facial recognition, video analytics, biometrics, big data, and robotics, positions Saaed at the forefront of the traffic management sector.

Through this partnership, Parkin and Saaed will collaborate on various transport and mobility infrastructure projects, focusing on both public and private sector initiatives. The strategic alliance underscores their mutual commitment to enhancing parking and traffic operations, management, and regulation throughout the region, including during high-profile international events.

The MoU was signed at GITEX in Dubai, in the presence of H.E. Brigadier Engineer Hussain Ahmed AlHarthi, Chairman of the Board of Saaed. The signing ceremony was conducted by Eng. Mohamed Abdulla Al Ali, CEO of Parkin, and Eng. Ibrahim Ramel, CEO of Saaed.

Eng. Mohamed Abdulla Al Ali expressed enthusiasm about the collaboration, stating, “Parkin and Saaed have a shared vision to enable seamless mobility throughout the UAE and beyond. We will work together on critical projects that deliver positive impacts for communities, businesses, and major events. By leveraging our complementary assets and expertise, this partnership will unlock new growth opportunities while supporting the region's social and economic development. Our strategic progress highlights Parkin’s commitment to providing value to our stakeholders and shaping the future of our industry.”

Eng. Ibrahim Ramel echoed this sentiment, emphasizing the importance of their partnership in Dubai's ambitious expansion plans. He remarked, “Both Saaed and Parkin play a systemic role in the city’s transport ecosystem. By combining our market-leading capabilities, we can showcase our unrivaled experience and technological expertise to potential clients across the UAE. This visionary partnership will enable us to develop world-class, innovative, and secure transport solutions that enhance connectivity, support economic growth, and accommodate the needs of a growing population.”

This collaboration marks a significant step forward in improving the mobility landscape in the UAE, aligning with the government’s vision for sustainable development and enhancing the overall efficiency of transport systems in the region.

Oct. 21, 2024 4:07 p.m. 482

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