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1/4/24, 1:19 PM Dubai sets up new company to oversee parking
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Dubai sets up new company to oversee
parking
Parkin will have autonomy related to creating, planning, designing, operating and managing public parking
spaces
The law permits people to own shares in Parkin through public or private subscription. Sarah Dea/The National
Babu Das Augustine
Jan 03, 2024
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Dubai has set up a company to oversee car park operations in the emirate under a law issued by
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
Parkin, a public joint stock company, will have the job of creating, planning, designing, operating
and managing public parking spaces, the Dubai Media Office said on Wednesday.
https://www.thenationalnews.com/business/economy/2024/01/03/dubai-sets-up-new-company-to-oversee-parking/ 1/3
