INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Masar, BTC Network sign agreement for info center, infrastructure

Masar's purpose is to to accommodate the growing number of Hajj and Umrah visitors. (Masar)
  • Masar, the SR100-billion ($26 billion) destination in Makkah, aims to enhance the quality of life of the residents and visitors of the Holy city.
  • BTC Networks has three decades of experience that will support Masar’s smart infrastructure, in line with the Kingdom’s Vision 2030 goals.

Makkah, Saudi Arabia—Umm Al-Qura for Development and Construction, owner and developer of Masar, the SR100-billion ($26 billion) destination in Makkah, has announced the signing of an agreement with BTC Networks to implement an information center and information and communication technology systems at the destination.

It will also include infrastructure areas such as the Masar Front, main car parking, pedestrian passageways and underpasses, roads branching from main streets, vehicle tunnels and underpasses.

Ibrahim Al-Kharboush, executive vice president of BTC networks, highlighted the importance of building the infrastructure for the fourth-generation of artificial intelligence to manage and operate the project, which he said has a strong impact on improving the quality of life of Makkah’s visitors and residents.

Yasser Abuateek, CEO of Umm Al-Qura for Development and Construction, expressed happiness over the collaboration with BTC Networks, given their extensive experience in ICT development, both locally and regionally.

BTC Networks has three decades of experience that will support Masar’s smart infrastructure, in line with the Kingdom’s Vision 2030 goals of digital transformation. This in turn will play an important role in improving the quality of life and enriching visitors’ experience in the holy city, SPA reported.

Masar aims to enhance the quality of life of the residents and visitors of Makkah through a diverse range of offerings that vary between hospitality, mobility, retail, culture, entertainment and more, all while preserving the spiritual nature and cultural heritage of the place and elevating its economic potential.