01:36 AM EDT, 08/19/2026 (MT Newswires) -- Parkin (DFM:PARKIN) is set to enter the Egyptian market after signing a memorandum of understanding with Modon Misr for Asset & Facility Management, Mwasalat Misr and Redcon Properties. The Dubai-listed parking facilities and services company will work with its Egyptian partners to develop advanced parking management and mobility technologies in the country, according to a Wednesday release. Under the partnership, Parkin will provide operational, technological, and advisory expertise across smart parking, public parking, and multi-storey car parks managed by the Egyptian parties.

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