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Startup MGZN – Bahrain Car Parks and Benefit sign an exclusive service agreement to activate BenefitPay platform for parking services


Press Release
Bahrain Car Parks Company, a publicly-listed company on Bahrain Bourse (trading code: CPARK) and the leading parking provider in the Kingdom of Bahrain, announced today the signing of an exclusive service agreement with The Benefit Company which will enable customers to pay for parking using BenefitPay.
Commenting on the agreement, the Chief Executive of Bahrain Car Parks Company, Mr. Tariq Aljowder said, “This collaboration comes in line with our strategy to digitize parking services and transform our customers experience into a seamless journey. We look forward to rolling out payments through BenefitPay across all our owned and managed locations very soon.”    ....

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Startup MGZN – Bahrain Car Parks Company announced its financial results for the 1st quarter of 2021


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Press Release.
Bahrain Car Parks Company (trading symbol: CPARK) today announced its financial results for the three months ended 31 March 2021.
As for the company’s financial results for the three months ended 31 March 2021, net profit reached BD 199K compared to BD 137K reported for the same period last year, an increase of 44%. Basic and diluted earnings per share were at 1.82 fils, compared to 1.26 fils for the same period in 2020. The company reported a total comprehensive income of BD 144K, 716% higher compared to BD 18K reported in the previous year, and a decrease of 7% decrease in operating income, BD 437K compared to BD 468K for the same period in 2020.  ....

Amin Alarrayed , Tariq Ali Aljowder , Bahrain Car Park Company , Bahrain Car Parks Company , Car Parks Company , Executive Officer , Bahrain Bourse , பஹ்ரைன் கார் பூங்கா நிறுவனம் , பஹ்ரைன் கார் பூங்காக்கள் நிறுவனம் , கார் பூங்காக்கள் நிறுவனம் , நிர்வாகி அதிகாரி , பஹ்ரைன் பெர்சே ,

Bahrain Car Parks seals Scheidt & Bachmann agreement


Bahrain Car Parks seals Scheidt & Bachmann agreement
MANAMA, 6 days
ago
Bahrain Car Parks Company, a key player in the parking management and property leasing sector, has signed an exclusive distribution agreement with the regional arm of Scheidt & Bachmann Group, a global leader in innovative parking solutions worldwide. 
 
As per the deal signed virtually using a video conferencing platform, Bahrain Car Parks Company will be the sole agent for Scheidt & Bachmann in the kingdom, offering a portfolio of smart parking solutions that utilize advanced technologies and open digitization platforms for parking management.
 
On the agreement, CEO Tariq Aljowder said: This partnership is aligned with the company’s strategy and ongoing efforts to enhance the customer journey and bring new offerings to the Bahrain market by harnessing the latest in open digital solutions in the mobility industry. ....

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