Merak Capital is proud to announce a SAR 100 million investment in Arsann, Saudi Arabia’s leading smart parking and mobility infrastructure provider.
This partnership will accelerate the modernization of urban infrastructure across the Kingdom by empowering property owners, developers, and municipalities to unlock new efficiencies and elevate user convenience.
Through this investment, Arsann will expand its IoT-enabled systems, data capabilities, and connected mobility networks, supporting the growth of digitally managed parking infrastructure and Vision 2030’s smart city objectives.
Together, Merak Capital and Arsann are redefining how cities move by transforming static parking spaces into dynamic, data-rich ecosystems that improve operations, reduce congestion, and enhance quality of life.
