• Latest
  • Trending
  • All
  • Egypt
  • Business
  • Local
  • World
AIC Secures £195 Million Project for Smart Systems in New Cairo

AIC Secures £195 Million Project for Smart Systems in New Cairo

October 25, 2024
Argentina beats Cape Verde 3-2 in extra time thriller

Argentina beats Cape Verde 3-2 in extra time thriller

July 4, 2026
President Sisi reviews tourism, aviation, energy development plans

President Sisi reviews tourism, aviation, energy development plans

July 4, 2026
Egypt sinks Australia on penalties to reach WC last 16

Egypt sinks Australia on penalties to reach WC last 16

July 3, 2026
President Sisi swears in heads of top judicial bodies

President Sisi congratulates nat’l footbal team on reaching FIFA World Cup round of 16 for 1st time

July 3, 2026
Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories

Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories

July 3, 2026

Egypt showcases vision to become regional logistics hub

July 3, 2026
Giant container ship completes first Suez Canal crossing

Giant container ship completes first Suez Canal crossing

July 3, 2026
Wimbledon delays Serena doubles match

Wimbledon delays Serena doubles match

July 3, 2026
Tropical storm hits China’s Hainan, halting travel

Tropical storm hits China’s Hainan, halting travel

July 3, 2026
Klopp in ‘talks’ for Germany job

Klopp in ‘talks’ for Germany job

July 3, 2026
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 4, 2026
  • Login

Editor-in-Chief

Mohamed Fahmy

Board Chairman

Tarek Lotfy

Egyptian Gazette
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED
No Result
View All Result
Egyptian Gazette
No Result
View All Result
Home Business

AIC Secures £195 Million Project for Smart Systems in New Cairo

by Gazette Staff
October 25, 2024
in Business
AIC Secures £195 Million Project for Smart Systems in New Cairo 11 - Egyptian Gazette
Share on FacebookWhatsapp

AIC for Security Systems and Infrastructure has been awarded a significant contract to implement advanced light current systems and smart gate technologies in New Cairo, with investments exceeding £195 million. This project aims to link New Cairo with the New Administrative Capital and was won after AIC successfully competed against 17 other local and international firms.

Informed sources have revealed that AIC is currently managing five key projects under the auspices of the New Cairo City Authority and the Administrative Capital. The company is set to complete these projects by the end of the next fiscal year, enhancing security and efficiency in the region.

The initiatives include the installation of state-of-the-art light current systems and security frameworks, along with the introduction of smart card systems and digital gates powered by artificial intelligence. Al Maalem International Company will play a crucial role in preparing the project’s infrastructure, employing advanced technologies aimed at reducing electricity consumption.

In addition to the New Cairo project, AIC has signed development contracts with one of Egypt’s largest investment banks for the overhaul of its 53 branches nationwide. This represents a major expansion of AIC’s portfolio. The company is also engaged in significant projects such as the Diamond Mall near New Cairo, where it is overseeing a comprehensive parking management system that is already 75% complete. Other projects include collaborations with the Armed Forces and the Ministry of Transport.

Dr. Mahmoud Kamel, Chairman and Managing Director of AIC, noted that while the company is focused on large-scale projects, it also handles numerous medium and small-scale endeavors. These include maintenance contracts and installations tailored to client needs.

Founded in 1995, AIC began its journey in countries like Saudi Arabia and the UAE before establishing a presence in Europe and entering the Egyptian market in 2014. Initially a joint venture with foreign partners, AIC transitioned to a fully Egyptian-owned entity in 2019, with a paid-up capital of £50 million.

AIC operates across five business sectors, specializing in card issuance with encryption systems, entry and exit control systems, electronic gates for individuals and vehicles, radiation detection systems for security, and advanced computing systems for tracking and barcoding.

Dr. Kamel emphasized AIC’s commitment to quality, noting that the company utilizes products from the world’s leading manufacturers, ensuring a high standard of security and surveillance solutions. AIC’s extensive project history includes significant undertakings at the Mall of Egypt, Safaga Port, and various prestigious institutions, solidifying its reputation as a key player in Egypt’s security systems industry.

Tags: AICNew Cairo

Discussion about this post

ADVERTISEMENT
egyptian-gazette-logo

The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.

Follow Us

Gazette Notifications

Would you like to receive notifications on our latest news ?

  • Advertise
  • Privacy & Policy
  • Contact

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • EGYPT
    • Local
    • Features
  • World
    • National Day
  • Technology
  • BUSINESS
    • Real Estate
    • Automotive
  • SPORTS
  • ENTERTAINMENT
    • Arts
    • Health
    • Lifestyle
    • Travel
  • Skyward
    • Snippets from EgyptAir history
  • MORE
    • Multimedia
      • Video
      • Podcast
      • Gallery
    • OP-ED

Copyrights for © Egyptian Gazette - Administered by Digital Transformation Management.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.