Latest news with #TheBig5
Hi Dubai
27-03-2025
- Automotive
- Hi Dubai
Parkin Announces Updates to Dubai's Variable Parking Tariff Policy
Parkin Company PJSC has announced key updates regarding Dubai's Variable Parking Tariff Policy, which is set to take effect on April 4, 2025. Introduced by the Roads and Transport Authority (RTA), the new policy will apply peak and off-peak tariffs across all public parking spaces and a significant portion of developer-managed parking facilities. Expansion of Premium Parking Zones Following discussions between Parkin and the RTA, the proportion of Premium Parking, which includes high-demand areas near public transport hubs, has been increased to 40% of Parkin's public portfolio, up from the previously announced 35%. The remaining 60% will be classified as Standard Parking. Developer Parking Now Included Initially, developer-owned parking spaces were expected to be exempt. However, under the updated policy, 35% of developer spaces will now be subject to variable tariffs, mirroring the public parking framework. MSCP and Grand Event Tariffs The Multi-Storey Car Park (MSCP) tariff remains unchanged at AED 5 per hour, capped at AED 40 for stays exceeding 8 hours in any 24-hour period. To manage high vehicle volumes during major events at the Dubai World Trade Centre (DWTC), a special AED 25 per hour tariff will apply to 200 designated spaces from 8:00 AM to 10:00 PM on event days. Upcoming DWTC events in 2025 include: GITEX (Oct 13–17) Beautyworld Middle East (Oct 27–29) Gulfood Manufacturing (Nov 4–6) The Big 5 (Nov 24–27) Automechanika Dubai (Dec 9–11) For more details, visit Parkin's website, mobile app, or social media channels. News Source: Emirates News Agency
Dubai Eye
27-03-2025
- Automotive
- Dubai Eye
Parkin updates Dubai's new parking tariff policy
Parkin Company has provided an update on the new variable parking tariff policy, set to take effect in Dubai on April 4. Following discussions with the Roads and Transport Authority (RTA), 40 per cent of Parkin's public parking spaces will now be designated as Premium Parking, up from the original 35 per cent. The remaining public parking areas will be categorised as Standard Parking. For private developer spaces, Parkin's portfolio includes 19,200 slots, with about 35 per cent now subject to the variable tariff, up from the previous expectation of no spaces being affected. As previously announced, the tariffs will be determined based on whether the parking facility is Standard or Premium, and the time of use - during peak or off-peak hours. Currently, Parkin operates over 3,200 parking spaces in multi-storey car parks, where the rate remains AED 5 per hour, with a maximum fee of AED 40 for parking over 8 hours in a 24-hour period. Meanwhile, the special tariff of AED 25 per hour that will apply around the Dubai World Trade Centre (DWTC) during major events, from 8:00 AM to 10:00 PM, will affect around 200 parking spaces. At the time of announcement, the following grand events are scheduled to take place at the DWTC in 2025: GITEX (October 13-17) Beautyworld Middle East (October 27-29) Gulfood Manufacturing (November 4-6) The Big 5 (November 24-27) Automechanika Dubai (December 9-11) Want smoother traffic flow and improved parking? Enjoy the flexibility of Premium and Standard rates during Peak and Off-Peak hours, from April 4th with zones clearly marked with signage and tariff details on parking meters. Find out more on the #Parkin app or at… — ParkinUAE (@ParkinUAE) March 26, 2025
TAG 91.1
26-03-2025
- Automotive
- TAG 91.1
Parkin updates Dubai's new parking tariff policy
Parkin Company has provided an update on the new variable parking tariff policy, set to take effect in Dubai on April 4. Following discussions with the Roads and Transport Authority (RTA), 40 per cent of Parkin's public parking spaces will now be designated as Premium Parking, up from the original 35 per cent. The remaining public parking areas will be categorised as Standard Parking. For private developer spaces, Parkin's portfolio includes 19,200 slots, with about 35 per cent now subject to the variable tariff, up from the previous expectation of no spaces being affected. As previously announced, the tariffs will be determined based on whether the parking facility is Standard or Premium, and the time of use - during peak or off-peak hours. Currently, Parkin operates over 3,200 parking spaces in multi-storey car parks, where the rate remains AED 5 per hour, with a maximum fee of AED 40 for parking over 8 hours in a 24-hour period. Meanwhile, the special tariff of AED 25 per hour that will apply around the Dubai World Trade Centre (DWTC) during major events, from 8:00 AM to 10:00 PM, will affect around 200 parking spaces. At the time of announcement, the following grand events are scheduled to take place at the DWTC in 2025: GITEX (October 13-17) Beautyworld Middle East (October 27-29) Gulfood Manufacturing (November 4-6) The Big 5 (November 24-27) Automechanika Dubai (December 9-11) Want smoother traffic flow and improved parking? Enjoy the flexibility of Premium and Standard rates during Peak and Off-Peak hours, from April 4th with zones clearly marked with signage and tariff details on parking meters. Find out more on the #Parkin app or at… — ParkinUAE (@ParkinUAE) March 26, 2025
Daily News Egypt
16-02-2025
- Business
- Daily News Egypt
76 Egyptian companies participate in Big 5 Riyadh to boost building materials exports
A total of 76 Egyptian companies specializing in building materials are participating in the Big 5 exhibition, held in the Saudi capital, Riyadh, from 15 to 27 February 2025. This participation is part of Egypt's intensive efforts to boost its exports of building materials to Arab and regional markets, particularly Saudi Arabia, which is considered one of the most promising markets in the region. The exhibition is organized by Expo Consultant in collaboration with the Export Council for Building Materials, the Egyptian Commercial Service, and the Egypt Expo & Convention Authority (EECA). This event is part of a broader Egyptian strategy aimed at strengthening trade relations and increasing the volume of trade exchange between the two countries, which has witnessed significant growth in recent years. It also marks Egypt's largest participation in the building materials sector at an international exhibition. The exhibition aims to showcase the latest products and technologies in the building materials sector, including cement, steel, glass, ceramics, and sanitary ware, in addition to modern and sustainable construction technologies. It also provides an ideal platform for Egyptian companies to connect with key investors, contractors, and buyers from Saudi Arabia and the Gulf region. The participating Egyptian companies represent various segments of the building materials industry, including leading producers of cement, steel, ceramics, glass, and heating and cooling systems, as well as companies specializing in modern and sustainable construction technologies. This participation aligns with Egypt's ongoing efforts to boost its non-oil exports, particularly in the building materials sector, which is considered one of the country's most promising industries. Saudi Arabia remains one of the most important markets for Egyptian building materials exports. The Export Council for Building Materials continues to work on overcoming challenges faced by exporters and providing them with the necessary support to strengthen their presence in international markets. In 2024, Egyptian exports of building materials to Saudi Arabia surged to reach $1.5bn. The exhibition was inaugurated by Mohammed Alajlan, Chairperson of the Saudi Contractors Authority, who highlighted the wide participation of major investors and buyers in the construction and building sector. The participation of Egyptian companies in The Big 5 exhibition comes at a time when economic relations between Egypt and Saudi Arabia are experiencing significant growth. Both countries are working to strengthen cooperation across various sectors, particularly in construction and infrastructure, which is witnessing a major boom in Saudi Arabia driven by Vision 2030—an initiative aimed at diversifying the economy and stimulating investment in infrastructure development. The exhibition reflects the economic synergy between Egypt and Saudi Arabia, with Egypt providing high-quality products at competitive prices and Saudi Arabia offering a large and promising market for these products. The Egyptian participation is expected to boost building materials exports to Saudi Arabia, with a targeted increase of 10% by the end of 2025. The Big 5 exhibition presents an opportunity for Egyptian companies to expand their presence in the Saudi market, which serves as a key gateway to the Gulf and Middle Eastern markets. Through this participation, Egypt aims to solidify its position as a leading exporter of building materials in the region and support the government's economic development efforts to increase exports and attract foreign investment.
