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Salk has renewed its partnership agreement with American company TransCore for an additional five years, aiming to enhance Dubai’s traffic toll system. The agreement includes the development of toll collection systems utilizing artificial intelligence technologies and advanced digital solutions to increase efficiency and reliability, improve system performance, and expand Salk’s services to include parking fee payments and other mobility services. There has been no significant change to the financial impact, as operational expenses will remain between 5% and 5.5% of annual revenues, reflecting the continuity of the collaboration and supporting Dubai’s vision for developing a smarter and more sustainable transportation system.
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