Parkin Enters MoU with Bahrain's Amakin to Collaborate on Parking Services

09:20 AM EDT, 08/24/2026 (MT Newswires) -- Parking facilities and services provider Parkin (DFM:PARKIN) signed a memorandum of understanding with Bahraini peer Bahrain Car Parks, or Amakin, to collaborate on parking technology, digital mobility services, and regional business development. Under the agreement, the companies will explore integrating their digital platforms and enabling customers to access and pay for parking across both networks through their respective mobile apps, according to a Monday release. They will also analyze mobility data to support new parking services in the United Arab Emirates and Bahrain. The MoU also outlines a framework for the two companies to explore joint business opportunities across the Gulf Cooperation Council and elsewhere.