Salik tax system in Dubai
Salik, which is listed on the Dubai Financial Market, announced its collaboration with Parkonic, the largest private parking operator in the UAE, which uses advanced parking systems powered by artificial intelligence, with the aim of enhance the experience of collecting parking payments across the Emirates using the electronic wallet system from Salik.
This partnership is based on a five-year contract, and will come together Park During this time wallet Clear Electronic across all 107 websites it manages in the country The UAE And any other locations in the future This is the first time that SALIC has expanded its service offerings outside the emirate Dubai.
Under the terms of the agreement signed between them, Parkonic will promote Salik as the preferred payment channel for its customers everywhere now and in the future, by taking exploit Salik’s ability to provide a seamless and convenient payment option for paid parking.
To provide e-wallet services, Parkonic will pay a percentage of the share of parking revenue to Salik collected through the e-Salik wallet, which will contribute to the growth of its additional revenue.
This solution is expected to be available at approximately 135,000 Parkonic parking lots in the first quarter of 2025.
2024-11-28 07:59:00
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**What specific challenges did Salik face in expanding its operations beyond Dubai, and how does this partnership with Parkonic address those challenges?**
## World Today News – Interview: Salik Expands Beyond Dubai
**Guests:**
* **Ms. Fatima Rashid:** Chief Business Development Officer, Salik
* **Mr. Ahmed Saleh:** CEO, Parkonic
**Introduction:**
Welcome to World Today News. Today, we’re discussing a groundbreaking partnership that’s set to revolutionize parking payments in the UAE. Salik, a leading electronic toll system provider, has joined forces with Parkonic, the largest private parking operator in the UAE, to introduce a seamless e-payment solution. Joining us today are Ms. Fatima Rashid, Chief Business Development Officer at Salik, and Mr. Ahmed Saleh, CEO of Parkonic.
**Section 1: Expanding Horizons – Salik Beyond Dubai**
* **Interviewer:** Ms. Rashid, Salik has been synonymous with Dubai’s traffic management. What prompted this significant expansion into the wider UAE market?
* **Interviewer:** Mr. Saleh, Parkonic manages a vast network of parking locations. From your perspective, what made partnering with Salik the right choice for streamlining your payment system?
**Section 2: The Power of Partnership – Benefits and Synergies**
* **Interviewer:** This partnership appears to be mutually beneficial. Can you both elaborate on the specific advantages that Salik and Parkonic bring to the table?
* **Interviewer:** We understand that this collaboration involves integrating Salik’s e-wallet system with Parkonic’s existing infrastructure. Can you share some insights into the technical aspects of this integration and how it ensures a secure and user-friendly experience?
**Section 3: Convenience and Innovation – The User Perspective**
* **Interviewer:** Ms. Rashid, how will this partnership directly impact drivers and parking users across the UAE? What are the key benefits they can expect?
* **Interviewer:** Mr. Saleh, Parkonic is known for its commitment to technological advancement. How does this partnership align with Parkonic’s vision for the future of parking solutions in the region?
**Section 4: Future Outlook – Scaling Up and Beyond**
* **Interviewer:** The initial rollout targets a significant number of Parkonic parking lots. What are the long-term plans for expanding this e-payment solution in the coming years?
* **Interviewer:** With both Salik and Parkonic poised for growth, could this partnership lead to further collaborations in other sectors beyond parking?
**Concluding Remarks:**
Thank you, Ms. Rashid and Mr. Saleh, for shedding light on this exciting development. This partnership clearly demonstrates the power of collaboration in driving innovation and convenience for users. We look forward to seeing the impact of this initiative on the UAE’s parking landscape in the years to come.
