Logo of Dar Almarkabah for Renting Cars Co.
Dar Almarkabah for Renting Cars Co. signed on Dec. 12, a cooperation agreement with Arsan Co., a parking operation and management specialist, to provide dedicated parking spaces in Riyadh's Boulevard area.
The parking services will support transportation and delivery operations, focusing on VIP and limousine services to and from the Boulevard, Dar Almarkabah said in a statement to Tadawul.
The agreement, effective immediately, runs for one year and includes an option for a one-year extension, subject to mutual agreement, the statement added.
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The agreement, Dar Almarkabah explained, aims to enhance logistical services and improve customer experience by providing premium and secure parking spaces near key locations. It marks a significant strategic step for the company, contributing to improved operational services and expanded offerings in the Boulevard area, which sees high visitor turnout.
The agreement also seeks to streamline transportation and delivery operations, particularly amid the rapid growth of Saudi Arabia’s tourism and entertainment sectors. The company noted that any updates or developments related to this agreement will be announced in due course.
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