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Egyptian Gazette
Home Business Real Estate

Schneider Electric signs MoU with Arab Developers to build smart cities in Egypt and abroad

by Hamed Mahmoud
July 4, 2022
in Real Estate
Schneider Electric signs MoU with Arab Developers to build smart cities in Egypt and abroad 1 - Egyptian Gazette
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The leader in digital transformation of energy management and automation, Schneider Electric, signed a Memorandum of Understanding (MoU) with the real estate developer Arab Developers Holding, announcing collaborating on a number of projects within Egypt and beyond.

The signing ceremony saw the attendance of Fouad Zayed, Vice President of Digital Energy & EcoStruxure for Egypt, North-East Africa and Levant Cluster, Schneider Electric as well as Ayman Khalifa Group Chief Executive Officer at Arab Developers Holding. “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,” explained Fouad Zayed, further elaborating that Schneider Electric works to make digital transformation energy and automation solutions available, with the aim to achieve sustainability and efficiency goals, which falls perfectly in line with the vision of Arab Developers Holding and its plan to introduce such cutting-edge technological innovation in its projects in the Egyptian market.

Ayman Khalifa Group Chief Executive Officer at Arab Developers Holding stated that his company has set a clear vision and strategy for its operations, based on the notions of innovation, originality, and credibility, which form the solid foundations of all its current and future projects.

“Arab Developers Holding has achieved such commitment to excellence in the planning and execution phase of its projects,” added Khalifa, paying close attention to selecting executive partners that propel its vision forward and enable it to offer the highest degree of quality across all its projects. The MoU signed with Schneider Electric, he says, comes within the framework of Arab Developers Holding’s commitment to meet its clients’ expectations by offering smart cities that will be the first of their kind in the local market.

 

 

 

Tags: Arab DevelopersDigital Energy & EcoStruxureSchneider Electric

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