Latest news with #smartCity
Zawya
21-05-2025
- Business
- Zawya
The Lux Collective and Adanté Realty officially launch ‘SOCIO By The Lux Collective'
Dubai – Award-winning global hospitality group The Lux Collective, in partnership with Adanté Realty, proudly announces the official launch of SOCIO By The Lux Collective, the first-ever hotel & branded residences in Sultan Haitham City. The signing ceremony took place at the Oman Real Estate Expo at the Oman Convention & Exhibition Centre, marking a milestone moment in Oman's real estate evolution. The landmark agreement between Adanté Realty and The Lux Collective brings 219 branded residences keys and 170 hotel keys to Plot 97 to 99 within Yenaier Residences, the flagship sustainable development of Sultan Haitham City. Setting a New Benchmark for Lifestyle and Investment Strategically located in Phase 1 of Oman's first smart city, SOCIO By The Lux Collective introduces a vibrant lifestyle destination that combines luxury design, community driven experiences, and long-term investment potential. Designed for modern urban living, these residences offer residents premium hospitality services, smart home features, and seamless integration with retail, wellness and green spaces. SOCIO By The Lux Collective is a bold expression of contemporary living of the future — where design meets purpose and form, community is cultivated, and global citizens come together. Inspired by the warmth of Omani culture, it is a space where tradition, innovation and sustainability coexist, and where conscious travellers belong. Dr Aadil Alexander, Chief Executive Officer of Adanté Realty, stated: 'With the official signing now complete, we are thrilled to formally launch SOCIO By The Lux Collective, a bold new chapter for residential living in Oman. This partnership reflects our shared vision to create elevated living experiences grounded in purpose, sustainability and global design. SOCIO By The Lux Collective will not only redefine branded residences in the region but will also serve as a catalyst for future-ready communities in Sultan Haitham City. We believe this is the kind of project that will attract international attention and long-term value, not only for residents but for the nation as a whole.' Mr Olivier Chavy, Chief Executive Officer of The Lux Collective, added: 'We are truly honoured to embark on this like-minded partnership with Adanté Realty – one that is built on creativity and a shared belief in future living. As part of our Group's strategic global expansion and strong commitment to the Middle East region, we are proud to announce the signing of our new urban lifestyle brand SOCIO in Oman – SOCIO By The Lux Collective. This milestone marks a continuation of our Group's journey, grounded in shared history and cultural resonance — from the recent opening of LUX* Marijani in Zanzibar, once part of the Sultanate of Oman, to this significant step into Muscat. SOCIO By The Lux Collective is a bold expression of modern urban living— where modernity meets meaningful community, rooted in Omani heritage and expressed with global confidence.' SOCIO By The Lux Collective is located on Plots 97, 98 and 99 within Sultan Haitham City, Oman's first smart and sustainable city. The project will feature a total of 389 units, including 170 hotel keys, 123 branded serviced apartments and 96 branded non-serviced apartments. These branded residences form an integral part of the broader Yenaier Residences masterplan, which comprises over 780 residential units. Designed to set a new benchmark in urban luxury, SOCIO will offer world-class hospitality services, refined interiors, wellness-driven amenities, and a lifestyle experience that blends seamlessly with nature and community-centric living. This launch cements Adanté Realty's commitment to advancing Oman's Vision 2040 through sustainable, luxury urban development. With Yenaier positioned at the heart of Sultan Haitham City and now joined by renowned global hospitality group The Lux Collective, a new residential era of future living has officially begun. About The Lux Collective The Lux Collective ('TLC') is a Mauritian-born global luxury hotel operator and manages brands LUX*, SALT, TAMASSA, SOCIO and Café LUX*. At the heart of its purpose, TLC makes each moment matter and cares about what matters. Putting people first is the core of TLC's culture as well as staying true to the values of being passionate, responsible and innovative in all that it does. By providing comfort through thoughtful and exquisite designs, TLC creates experiences that make each moment matter for all guests. It is committed to operating in a considered and respectful manner that is mindful of future generations. Through its signature Groupwide sustainability project Tread Lightly, The Lux Collective promises an eco-conscious stay throughout its hotels. Its partnership with Altruistiq, a group of CO2 experts, focuses on the environmental footprint and ensures that emission sources are tracked using the highest international Science-Based standard. Growing the global presence, TLC currently manages 18 operating resorts and hotels in Mauritius, Maldives, Ile de la Reunion, China and Tanzania, and with 12 more hotels in its development pipeline in Africa, Asia and the Middle East. An affiliate member of IBL, a major economic player in the Indian Ocean and a public-listed leader of the 'Top 100' Mauritian companies, IBL is active in key sectors of the Mauritian economy, with a global portfolio of approximately 300 subsidiaries and associated companies. Media Relations Global: Renee Lim, The Lux Collective, Vice President PR & Corporate Communications, Oman: Yashraj Duggal, Adanté Realty, Marketing Manager, marketing@
Zawya
20-05-2025
- Business
- Zawya
Oman: Real estate conference opens with $5.9bln deals
Muscat: Under the auspices of HH Sayyid Bilarab bin Haitham al Said, Honorary President of the 'Programme of Promising Omani Startups', the 20th edition of the Oman Real Estate Conference and Exhibition officially kicked off on Monday. The event is taking place until May 24 at the Oman Convention and Exhibition Centre, organised by the Ministry of Housing and Urban Planning in cooperation with the Oman Real Estate Association and Connect Company. The national platform brings together local and international investors, real estate developers, and experts to showcase major projects, highlight promising investment opportunities, and build effective partnerships between the public and private sectors in line with Oman's efforts to enhance the business environment and support sustainable urban growth while the accompanying exhibition offers potential buyers the chance to explore a diverse range of residential units and real estate projects presented by leading developers. On the opening day, two major projects were unveiled, marking significant additions to Oman's urban development landscape. The first project is the launch of Al Thuraya City in the Wilayat of Baushar as a smart city, and the first phase includes more than 2,600 housing units distributed across eight integrated neighbourhoods, accommodating more than 8,000 people. At an altitude of 2,400 metres above sea level, the Al Jabal Al Aali Project was launched as a unique global mountain destination. It spans an area of 11.8 square kilometres and includes three main villages accommodating more than 10,000 people. As part of the conference's opening, nine partnership and development agreements worth over RO2.3 billion were signed. These include major development projects in Sultan Haitham City and Al Thuraya City, expanding Oman's urban growth map and opening new horizons for real estate investment. KEY AGREEMENTS Two major real estate and tourism development agreements were signed with Talaat Moustafa Group worth over RO1.7 billion to develop districts (7), (8), (9), (11), (12A), and (12B) in Sultan Haitham City on more than 2.6 million square metres. The project includes various residential units such as villas, apartments, and mixed-use buildings, alongside integrated services including mosques, parks, green spaces and a social and sports club. A tourism project in Al Seeb covering over 2.2 million square metres, featuring a hotel, residential areas with waterfront views, artificial lakes and a marina, adding significant value to Oman's tourism sector. A development agreement worth over RO 150 million with Idraak Real Estate Development Company to develop districts (6C) and (6D) in Sultan Haitham City, in addition to awarding a site preparation tender for Package (1A) worth over RO 6 million. A new hotel project in collaboration with the global LUX Collection brand, valued at RO 45 million, to develop the first 4-star hotel complex in Sultan Haitham City's January Residences. An usufruct agreement worth RO 2 million was signed with Al Siyabi Group to establish a precast concrete factory in Halban, Barka. This project is expected to reduce construction time by 40 per cent compared to traditional methods and support local employment. An agreement worth over RO 240 million was signed to develop District (6) in Al Thuraya City, covering 285,000 square metres and including 1,000 residential units. Two tenders worth RO 13 million were also awarded for site preparation and engineering consultancy services. Additionally, an international competition was announced for the design of the city's third phase, aimed at making it a hub for adventure and mountain sports. An agreement worth RO 200 million was signed to develop the Health District in the western village, covering 630,000 square metres and offering 500 residential and hotel units, reinforcing Al Jabal Al Aali position as a destination for health and eco-tourism. On the sidelines of the conference, 23 agreements were signed with service providers to implement infrastructure for eight projects under the 'Sorouh' initiative, covering water, electricity, and telecom networks. Eight new investment opportunities were announced in Al Batinah South, Al Sharqiyah South, Dhofar, Muscat and Al Dakhiliya 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Yahoo
19-05-2025
- Business
- Yahoo
New Entrants Stir Competition including Agility, Pure Data Centres, Qareeb Data Centres, DataVolt, Anan, NED, Techtonic & Desert Dragon Data Centers
Key growth drivers include government digitalization incentives, burgeoning smart city projects, and increased demand for HPC and infrastructure technologies. Middle Eastern & African Data Center Market Dublin, May 19, 2025 (GLOBE NEWSWIRE) -- The "Middle East & Africa Data Center Market Landscape 2025-2030" report has been added to Middle East & Africa Data Center Market was valued at USD 8.63 Billion in 2024, and is projected to reach USD 19.89 Billion by 2030, rising at a CAGR of 14.93%. The Middle East and Africa data center market has the presence of some of the major global and local data center operators. Some of them include Khanzna Data Centers, Gulf Data Hub, Digital Realty, Equinix, center3 (stc), Edgnex Data Centres by DAMAC, Africa Data Centres, Raxio Data Centres, MedOne, NTT DATA, Vantage Data Centers, and other operators. The Middle East and Africa data center market is also witnessing the entry of several new operators. Some of them include Agility, Pure Data Centres, Qareeb Data Centres, DataVolt, Anan, NED, Techtonic, Desert Dragon Data Centers, and other operators. KEY TRENDS Government Support for Data Center Development Will Drive the Middle East And Africa Data Center Market Growth The governments across the Middle East & Africa are working on improving digital infrastructure by supporting digitalization and offering tax incentives. In Kenya, special economic zones (SEZs) are aimed at driving industrial growth by offering extensive tax incentives to businesses, including a 20% reduction in corporate tax for the first decade, followed by a 15% reduction over the subsequent ten years. These incentives not only reduce operational costs but also make Kenya an attractive destination for data center investments. In 2024, the South African National Policy on Data and Cloud aims to drive economic growth, enhance public service delivery, and strengthen data security by leveraging cloud technologies. In addition, the policies and regulations on the local storage of sensitive data will boost the digital economy in several countries within the region. Most of the data is currently stored in offshore data centers. For example, the Nigerian government has mandated the local storage of the data about sectors such as oil & gas, financial services, and the public sector. Smart City Developments Will Drive the Demand for Advanced Technologies in the Middle East And Africa Data Center Market The Middle East & Africa central location market is a crucial area for undersea cable landing stations, which enhance global connectivity and support the development of large-scale smart cities. As a smart city expands, it generates an increasing amount of data, leading to a higher demand for storage and computing power. This growing need will drive the establishment of edge data centers for High-Performance Computing (HPC), making the region more commercially attractive to investors. The prioritization of data infrastructure in cities such as Dubai, Abu Dhabi, Riyadh, Cairo, Doha, Cape Town, Muscat, and Amman demonstrates the MEA's commitment to leveraging technology. For instance, as per the IMD Smart City Index 2024, Dubai and Abu Dhabi have both secured top positions, with Abu Dhabi at 10th and Dubai at 12th, making them the only Middle Eastern cities in the Top 20. As smart cities progress, there will be a push for advanced technologies, including 5G, IoT, and AI, to enhance internet speed and data flow. This surge in connectivity is expected to boost the need for data centers in Africa. With the smart city initiatives gaining momentum, more investors are estimated to enter the data center market and invest in data center infrastructure. In September 2024, the Dubai Data and Artificial Intelligence Platform, developed by Digital Dubai and Moro Hub, will serve as a significant smart city initiative. This platform enables seamless data exchange and advanced analytics, supporting more informed decision-making by the government and enhancing the digital and data maturity in the UAE. SEGMENTATION INSIGHTS The Middle East and Africa data center market, particularly in terms of IT infrastructure, is primarily seeing the use of switches with up to 40 GbE ports. With the development of cloud data centers, the adoption of switches with ports varying from 25-100 GbE across multiple layers of the data center architecture will increase. Additionally, with the growing need for sophisticated infrastructure, the uptake of flash storage devices and blade servers is expected to rise in the forecast period. In the upcoming years, sustainability mandates are anticipated to drive the adoption of generators that utilize sustainable fuels like hydrotreated vegetable oils, among others. This trend is expected to be followed by an increase in demand for UPS systems equipped with batteries such as lithium-ion and other types. Rack Centre's data center in Lagos has installed diesel generators with a redundancy of N+2 and has on-site fuel storage providing backup of around 40 hours at full load. The Middle East and Africa data center market is poised to see ongoing development of greenfield buildings in various countries where there is an abundance of land available for industrial development. The entry of new data center operators and increasing expansion by existing operators in the region is also expected to attract several new contractors and subcontractors in the market. MIDDLE EAST AND AFRICA DATA CENTER MARKET'S GEOGRAPHICAL ANALYSIS The Middle East region contributes to over 60% of the overall data center investments in the Middle East and Africa data center market, with the remaining 40% contributed by the Africa region. The market is poised to witness growth during the forecast period. The UAE is one of the well-established markets for data center development in the Middle East. Dubai and Abu Dhabi were the major locations that witnessed data center investments from operators such as Equinix, Gulf Data Hub, Khazna Data Centers, and others. In 2024, around 50 MW of data center power capacity was added by the operators in Saudi Arabia, which is the second-highest in the Middle East region after the UAE. The market witnessed several new entrants during LEAP 2025, which was held in Riyadh. South Africa contributed over 47% of the overall data center market investments in the African region. The market is a top and established data center destination in the African region. VENDOR LANDSCAPE Key Data Center IT Infrastructure Providers Arista Networks Atos Broadcom Cisco Dell Technologies Fujitsu Hewlett Packard Enterprise Hitachi Vantara Huawei Technologies IBM Inspur Lenovo NetApp Key Data Center Support Infrastructure Providers 4Energy ABB Airedale Alfa Laval Canovate Caterpillar Cummins Daikin Applied Delta Electronics EAE Group Eaton Enrogen Envicool EVAPCO Generac Power Systems HITEC Power Protection Johnson Controls Legrand Master Power Technologies Mitsubishi Electric Piller Power Systems Rittal Rolls-Royce Schneider Electric Siemens STULZ Vertiv Key Data Center Contractors Abbeydale AECOM ALEC Data Center Solutions ALDAR Al Latifia Trading & Contracting Anel Group Arup Ashi & Bushnag ASU AtkinsRealis AuerbachHaLevy Architects Azura Consultancy b2 Architects Black & White Engineering CAP DC Capitoline Chess Enterprises Copycat Group Core Emirates DAR Group Datalec Precision Installations DC PRO Engineering Deerns DMC Global Partners Eastra Solutions Edarat Group EDS Engineers EGEC Egypro Electra ENMAR Engineering Group AMANA H&MV Engineering Harinsa Qatar HATCO HHM Group Hill International ICS Nett Ingenium Interkel INT'LTEC ISG JAMED James L. Williams (JLW) John Paul Construction JLB Architects Laing O'Rourke Laith Electro Mechanical Linesight M+W Group (Exyte) Mace McLaren Construction Group MEC - Margolin Bros. Engineering & Consulting Mercury Middle East Modern Architecture (MEMA) MIS NDA Group Orascom Construction Prota Engineering PTS Qatar Site & Power Raghav Contracting REDCON Construction RED Engineering Design Raya Network Services RW Armstrong RoyalHaskoningDHV SANA Creative Systems Shaker Group Scientechnic Site & Power DK Sterling and Wilson Sudlows Summit Technology Solutions Telal Engineering & Contracting Tri-Star Construction Turner & Townsend UBIK United For Technology Solutions Westwood Management Key Data Center Investors 21st Century Technologies Adgar Investments and Development Africa Data Centres Airtel Africa Amazon Web Services (AWS) Batelco Bynet Data Communications center3 (STC) Compass Datacenters Digital Parks Africa Digital Realty EdgeConneX Equinix Galaxy Backbone Global Technical Realty Gulf Data Hub Google Huawei Technologies iXAfrica Data Centre Khazna Data Centers MedOne MEEZA Microsoft Mobily Moro Hub N+ONE NTT DATA Oman Data Park Ooredoo Open Access Data Centres Oracle PAIX Paratus Namibia Quantum Switch Rack Centre Raxio Data Centres Raya Data Center Serverfarm Telecom Egypt Telehouse TONOMUS Turkcell Turk Telekom Vantage Data Centers New Entrants Agility Anan Cloudoon DataVolt Desert Dragon Data Centers Kasi Cloud NED Pure Data Centres Qareeb Data Centres Sahayeb Datacenters Serverz Data Center Techtonic Key Attributes: Report Attribute Details No. of Pages 239 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $8.63 Billion Forecasted Market Value (USD) by 2030 $19.89 Billion Compound Annual Growth Rate 14.9% Regions Covered Africa, Middle East Segmentation by Infrastructure IT Infrastructure Electrical Infrastructure Mechanical Infrastructure General Construction Segmentation by IT Infrastructure Server Infrastructure Storage Infrastructure Network Infrastructure Segmentation by Electrical Infrastructure UPS Systems Generators Transfer Switches & Switchgear Power Distribution Units Other Electrical Infrastructure Segmentation by Mechanical Infrastructure Cooling Systems Racks Other Mechanical Infrastructure Segmentation by Cooling Systems CRAC & CRAH Units Chiller Units Cooling Towers, Condensers, and Dry Coolers Economizers & Evaporative Coolers Other Cooling Units Segmentation by Cooling Techniques Air-based Liquid-based Segmentation by General Construction Core & Shell Development Installation & Commissioning Services Engineering & Building Design Physical Security Fire Detection & Suppression DCIM Segmentation by Tier Standard Tier I & II Tier III Tier IV Segmentation by Geography Middle East UAE Saudi Arabia Israel Oman Qatar Jordan Bahrain Kuwait Other Middle Eastern Countries Africa South Africa Kenya Nigeria Egypt Other African Countries For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Middle Eastern & African Data Center Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
