![DUBAI, UAE. October 17, 2014 - New paid street parking machines and signs have been introduced in The Greens in Dubai, October 17, 2014. (Photos by: Sarah Dea/The National, Story by: Standalone, news)](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/CGQP6VWUK5GHXFRL64KHVVZXOA?smart=true&auth=101fdf462a5c9a06b8331366a8cb0885dda5cfb975b1599543884b35f4b09293&width=400&height=225)
Parkin is the biggest provider of paid parking spaces and services in Dubai. Sarah Dea / The National
Parkin is the biggest provider of paid parking spaces and services in Dubai. Sarah Dea / The National
Parkin raises $429m in record oversubscribed IPO deal
Investor demand for the first public offering in the UAE this year climbed to $71bn as the deal was 165 times oversubscribed