Parkin Company PJSC ("Parkin" or the "Company"), Dubai's leading provider of paid public parking facilities and services, is pleased to announce that it has signed a long-term framework agreement with Arada Developments LLC ("Arada"), a prominent UAE-based master developer known for its large-scale, mixed-use communities across the country. Project overview The contract marks Parkin's first entry into the Emirate of Sharjah, representing a significant milestone in the Company's geographic diversification strategy outside of Dubai. Under the agreement, Parkin has been appointed as the sole operator at Arada’s mixed-use Aljada mega project in Sharjah. In the initial phase, Parkin will manage a mixed portfolio

Alef Group, a premier real estate developer in Sharjah, has announced significant progress in the delivery of buildings within its flagship project, Al Mamsha, alongside the opening of a number of new retail outlets during April. This milestone reflects the Group’s efficient execution and the accelerating pace of development across the project’s various components. During April, Al Mamsha welcomed a selection of new destinations that further elevate its retail offering and enrich the overall experience, including the headquarters of the Sharjah Business Women Council, alongside Eleven Green, Knot Bakehouse, and Orange Wheels. These additions reflect a carefully curated tenant mix designed