INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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: