Page 94 - SALIK ENGLISH PR REPORT NOVEMBER 2024

"(This) further accelerates the growth of Salik’s ancillary revenues in leveraging our
unique technology platform beyond the core tolling business. This partnership further
demonstrates Salik’s commitment to continue building on the success of its parking
payment solutions as a key driver of ancillary revenue growth,“ he added.

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Some of the areas where Parkonic operates include Global Village, The Beach –
JBR, and Central Park in Dubai; Arc Towers, Sheikh Zayed Festival (P4), and Marsa
Al Bateen in Abu Dhabi; Khorfakkan Beach; Al Suhub, Al Qasba, Heart of Sharjah
and Majaz Park P1 in Sharjah; and Umbrella Beach in Fujairah.

How it works

Parkonic is an AI-based parking management system, the company's CEO, Imad
Alameddine, explained to Khaleej Times.

"Parkonic users don’t have to open any other app as their parking transaction will
immediately be recorded once they enter and exit a Parkonic-operated location," he
said.

“The parking time will be recorded and parking fees will be deducted from the
motorist’s Salik account (similar to the Dubai Mall parking transaction operated by
Salik). Using our system, they don’t need to use other parking apps — as they can
enter the parking area and leave, and parking fees will be automatically deducted,”
Alameddine added.

“Parkonic, however, is more than monitoring parking transactions,” continued
Alameddine. “It will give a summary or calculation of your weekly or monthly parking
expenses as it is AI-powered.”

Motorists must first download the app, create an account and register their vehicles.
At the Parkonic location, the ANPR (automatic number-plate recognition) camera will
capture the vehicle licence plate and the barrier will open automatically. The exit
barrier will automatically open for Parkonic app users. Non-Parkonic app users must
pay before they exit through any payment methods.

Alameddine said: “Both Parkonic and Salik share a commitment to innovation and
excellence, and this partnership is a testament to our vision for a smarter, more
connected UAE. By aligning our technologies and expertise, we are setting a new
benchmark for convenience, efficiency, and sustainability in the region.

“This collaboration is not just about creating better mobility solutions—it’s about
empowering communities, enhancing urban living, and taking a part in the UAE’s
ambition to become a global leader in smart city initiatives,” he added.

https://www.khaleejtimes.com/uae/transport/dubais-salik-expands-parking-services-outside-
emirate-under-new-partnership