Orange Business to design, build and run new end-to-end platform, integrating AI and data analytics into existing KAFD digital infrastructure in Saudi Arabia
Orange Business has inked a transformative deal with the King Abdullah Financial District Development & Management Company (KAFD DMC) to propel Riyadh’s prestigious business district, the King Abdullah Financial District (KAFD), into the era of smart urban development. This strategic partnership aims to create a cutting-edge Smart City Platform that will seamlessly integrate and connect existing digital technologies while harnessing the power of artificial intelligence (AI) and data analytics.
Weiterlesen: Saudi Arabia to turn prime business district into a new smart cognitive city
NEOM is a new urban area planned by the Kingdom of Saudi Arabia to be built in its northwestern Tabuk Province. The area is bounded by the Red Sea to the south and the Gulf of Aqaba to the west. NEOM's unique location will provide residents with enhanced livability. Its diverse climate offers both beaches and snow-capped mountains.
What does NEOM mean?
NEOM is derived from two words; the first three letters come from the Ancient Greek prefix neo – meaning 'new', while the 'M' is the first from 'Mustaqbal', an Arabic word meaning 'future'. The M is also the first letter of His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors.
Weiterlesen: What Are All the Things We Know About Saudi Mega-Project NEOM?
Saudi Arabia is currently building some of the world’s most audacious infrastructure projects as it seeks to decrease its reliance on the exportation of oil, reports Catrin Jones.
The Saudi Arabian construction industry, valued at US$120.4 billion in 2021, is poised for expansion with an anticipated annual average growth rate (AAGR) of 4% or more from 2023 to 2026, according to a report from Gulf Business.
Weiterlesen: What is the future for construction in Saudi Arabia?
Saudi Arabia's Crown Prince Mohammed Bin Salman, known by his initials MBS, has become known for his ambitious projects in the kingdom.
The latest flagship project for the Crown Prince is the construction of the futuristic megacity NEOM, featuring a $1 trillion pair of skyscrapers forming a corridor in the desert.
Located in Oxagon, it will enhance current and future digital connectivity, security and network resilience to meet the growing demands of the Neom region.
The first digital communications centre is being established on the Saudi Arabian greenfield development site of Neom by the cognitive technology company Tonomus.
Weiterlesen: SA: Neom launches digital communications facility and data centre