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Burken offers new smart solutions for vehicle parking in the most important residential complexes in Dubai

Parkin SA (Barkan or the company), the pioneering provider of public parking services and facilities in Dubai, has announced the signing of a strategic agreement with Dubai Holding, the diverse global investment company, which has investments in more than 30 countries, with the aim of providing advanced solutions to vehicle parking in a number of residential complexes in Dubai.

The main points of the agreement:
• Under this new agreement, Barkan will operate and manage about 29.6 thousand new vehicles

• This initiative expands the Parkin portfolio from the positions owned by developers to about 50,400 () thousand parking, with a moderate impact on operating income from the middle of the third quarter of 2025

According to this agreement, the Burken Company will fully supervise the management and operation of parking, by employing its advanced digital solutions, control and enforcement systems and immediate data analyzes to enhance operational efficiency and achieve the best possible management levels of parking within the custom areas. The application system’s application is in response to the increasing demand for vehicle parking spaces in the main destinations.

By adopting an operating model for positions centered on dealers and depends on innovative digital solutions, this partnership is expected to contribute to achieving added value for “Dubai Holding” complexes by enhancing the efficiency of space use, improving easy access, and supporting the concepts of smart movement and urban connection.

The agreement between Barkin and Dubai Holding reflects the commitment of the common sides to invest in the development of the infrastructure and technologies necessary to support a modern, effective and easy -to -use system. The partnership aims to improve the flow of traffic, reduce congestion, and enhance the daily movement of residents and visitors alike.

Commenting on the partnership, Eng. Mohamed Abdullah Al Ali, CEO of Barkan, said: “This strategic partnership with Dubai Holding is strengthening our presence in the special parking sector owned by developers, and allows us to expand the scope of our leading solutions to operate parking in a number of vital complexes in Dubai, while providing integrated urban transport experiences that contribute to improving the quality of customers’ life. It is scheduled to start operating implementation of the agreement. In stages, in line with the strict operating standards adopted by Barkan and its constant keenness to raise efficiency and facilitate daily movement.

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