Business
PRESSR: Emirates Auction and Parkin signs MoU during GITEX Global 2025
PRESSR: Emirates Auction and Parkin signs MoU during GITEX Global 2025
About this update from Parkin Co. Pjsc
The collaboration includes:Developing road support services and enhancing field response readinessProviding innovative solutions for vehicle removal from parking areas and developing smart and sustainable management systemsDubai: Emirates Auction, the leading company in organizing and managing public and electronic auctions in the Middle East, has signed a Memorandum of Understanding (MoU) with Parkin Company PJSC (“Parkin” or the “Company”), Dubai’s largest provider of paid public parking solutions and services.The MoU aims to develop joint services and create smart, innovative solutions that enhance efficiency and quality, while opening new horizons for sustainable collaboration between the two parties.The agreement comes as part of both parties’ efforts to utilise their institutional, technical, and administrative expertise and capabilities in areas of mutual interest, in line with the latest technological and regulatory developments.It also reinforces their shared commitment to delivering innovative services that support their strategic objectives and meet the needs of the market and the wider community.The agreement was signed by H.E. Abdulla Matar Al Mannaei, Chairman and Managing Director of Emirates Auction, and Eng. Mohamed Abdulla Al Ali, Chief Executive Officer of Parkin, in the presence of several senior officials from both sides.The signing took place during GITEX Global 2025, where both parties were present, with Emirates Auction participating as a Platinum Partner under the Dubai Government Pavilion. The agreement establishes a comprehensive framework for cooperation between the two parties through the exchange of technical, administrative, and institutional expertise via joint workshops and training programmes, contributing to the development of institutional competencies on both sides.The MoU also aims to enhance the quality of existing services and introduce innovative initiatives based on technological solutions and smart systems, ensuring the highest standards of efficiency, transparency, and effectiveness across shared areas of operation.The cooperation further includes enhancing institutional partnership through sustainable work channels that support the strategic objectives of both entities and pave the way for expansion regarding future projects that fuel the UAE’s digital transformation and contribute to economic and social develo...