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Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Saudi home to three of top five Arab smart cities

  • The Middle East and North Africa's smart city spending is expected to reach $2.7 billion by 2022, driven primarily by the region's progressive, innovative city projects.
  • NEOM, Egypt's New Administrative Capital, Abu Dhabi's Masdar City, and Dubai Digital Park are examples of this trend.

Dubai, UAE — Middle East’s biggest economy, Saudi Arabia, plans to establish more than 200 smart cities, the kingdom’s Minister of Municipal, Rural Affairs and Housing Majed Al Hogail said last year. The cities will use AI systems in numerous fields, including inspection, waste management, parking, and spatial planning.

As smart cities are being planned across the GCC to make the region more sustainable, integrating smart roads and sustainable construction requires a high level of technical proficiency, including data analytics, sensor technologies, and software development skills, said Ahmed Sayed, Middle East Business Development Director for ACCIONA Transports Solutions.

The Middle East and North Africa’s smart city spending is expected to reach $2.7 billion by 2022, driven primarily by the region’s progressive, innovative city projects and initiatives. 

NEOM, Egypt’s New Administrative Capital, Abu Dhabi’s Masdar City, and Dubai Digital Park are examples of this trend. What is driving the investment in smart city projects?

Here is a look at the five top smart cities in the Arab world: