Dubai parking operator Parkin Company PJSC has renewed its Parking Management Framework Agreement with the Dubai Multi Commodities Centre for 10 years. Under the contract, Parkin will exclusively operate approximately 2,800 paid parking spaces across Jumeirah Lakes Towers, including 250 motorcycle bays. The agreement also includes plans to install solar power infrastructure to support both entities' sustainability targets.
Dubai is seeking to attract more Chinese manufacturing companies to increase the manufacturing sector's share of its economy to approximately 20%, Dubai Chambers Chairman Sultan Al Mansoori said. In an interview on the sidelines of the Dubai Business Forum in Shenzhen, Al Mansoori noted the share currently stands between 9% and 11%. Bilateral non-oil trade reached Dh363.5 billion in 2025, and active Chinese member companies in the Dubai Chamber reached 6,650 by September 2026.
Chinese business membership in the Dubai Multi Commodities Centre expanded by 9.4% over the past 12 months, exceeding 1,000 companies. Over 60% of these firms operate in advanced sectors, while UAE-China non-oil trade reached $111.5 billion in 2025.
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