THE MIDDLE EAST’S
87. Parkin Company
Country: U.A.E.
Sector: Mobility
CEO: Mohamed Al Ali
Market Value: $5 billion
The Dubai’s largest paid public parking operator manages more than 229,000 paid parking spaces under a 49-year concession. In 2025, revenue rose 43.3% to $361 million, while net profit increased 47.7% to $170.3 million. In December 2025, Parkin signed a five-year deal with DAMAC Properties to manage 3,600 parking spaces across Dubai and Abu Dhabi, marking Parkin’s first expansion into Abu Dhabi. Listed on the Dubai Financial Market in 2024, Dubai Investment Fund holds a 75% stake as of February 2026.