Thank you a lot friends.
Sorry for delayed reply.
Frankly my hosting provider is right now in the very process of switching from one control panel to another, it was cPanel but they are changing it, so i can't really tell what menu options a have right now, but they assured me that my hosting package includes multi site hosting and multi domain hosting and parking.
As soon as control panel will be available (within one week) I'll get back here to continue.
Regards and Happy Holidays everyone.