< Arab Finance - News - Schneider Electric, Arab Developers Holding ink MoU to build smart cities
Count Down to relaunch



Schneider Electric, Arab Developers Holding ink MoU to build smart cities

Schneider Electric, Arab Developers Holding ink MoU to build smart cities

Arab Finance: Schneider Electric has signed a memorandum of understanding (MoU) with  Arab Developers Holding (ARAB) for cooperation in a number of projects in Egypt and overseas, according to an emailed press release on June 29th.

The MoU targets building smart cities, within the framework of Arab Developers’ commitment to meet the expectations of clients, through digital transformation energy and automation solutions utilized by Schneider Electric.

The anticipated smart cities are set to the first of their kind in the local market.

“As a pioneer in smart cities and multi-use complexes, we look forward to designing and executing the visionary projects of Arab Developers Holding. These collaborations will constitute a major leap forward in adapting smart technology in such projects,” Vice President of Digital Energy and EcoStruxure for Egypt, North-East Africa, and Levant Cluster, Schneider Electric Fouad Zayed said.

It is worth noting that Schneider Electric is leading company in the digital transformation of energy management and automation, with a global presence in more than 100 countries.

Recommended Stocks

13 Jun 2022
Delta Sugar SUGR
Close
13.87
Change
-01.7
Hold

All rights reserved to Arab Finance 2020 ©

Back to top