Latest news with #smartinfrastructure
Zawya
a day ago
- Business
- Zawya
OETC completes fault current limiter project
MUSCAT: Oman Electricity Transmission Company (OETC) announced the successful completion of all construction and commissioning works for the Fault Current Limiter (FCLR) project on the 132kV transmission network in Muscat. The project has a total investment value exceeding RO 4 million. The Fault Current Limiters (FCLs) are installed to limit fault current to a safe level without interrupting the circuit, thereby protecting transformers, circuit breakers, cables, and other infrastructure from excessive thermal and mechanical stress. They also help avoid costly equipment upgrades when fault levels exceed design ratings due to system growth or new network interconnections, and ensure the overall stability, safety, and reliability of the electricity network while maintaining uninterrupted power supply to other parts of the grid. This project is part of OETC's ongoing efforts to enhance the sustainability and resilience of the national transmission network, in line with the company's strategic objectives to improve efficiency, reduce system failures, and ensure swift emergency response using modern smart technologies and global best practices. Commenting on the achievement, Eng Masoud bin Salam al Riyami, Chief Operations Officer at OETC, stated: "This project marks a significant milestone in improving operational efficiency and the quality of power supply. It reflects our commitment to investing in smart infrastructure that ensures optimal grid performance and meets national energy development goals." He further highlighted the company's strategic five-year plans to assess network conditions and implement both current and future projects aimed at building a world-class smart grid capable of adapting to growing demand and sectoral transformation. "OETC is fully committed to continuous development, cost-effective investments, and adopting high-standard systems to maintain a reliable and sustainable power transmission network. The FCLR system is a key step in that journey," Al Riyami added. OETC, a member of Nama Group, is the only company responsible for the transmission and control of electricity across the Sultanate of Oman's network. The electricity is transmitted from production stations to distributed load centers in the governorates. The transmission network operates at a voltage of 132kV and above to cover All of the governorates in the Sultanate of Oman. Furthermore, OETC manages the interconnections between Oman and the GCC interconnection network, which operates at a voltage of 220kV.
Zawya
6 days ago
- Business
- Zawya
Dragonpass sets new benchmarks for premium travel in the GCC
Dubai, United Arab Emirates: Dragonpass International (Dragonpass), the world's leading provider of digital airport ecosystem platforms, is redefining the travel experience in the GCC. With over 2.7 million customers in the region, we've seen a 100% year-on-year increase in customers transitioning from analog to digital. This growth aligns with the broader development visions shaping the future of the GCC. Regional strategies, including Saudi Arabia's Vision 2030 and the UAE's Urban Plan 2040, emphasize smart infrastructure, elevated quality of life, and seamless urban mobility—all priorities that mirror Dragonpass's commitment to frictionless, tech-enabled travel. Across the GCC, international tourism is surging, with Saudi Arabia welcoming 30 million visitors and the UAE's major airports seeing over 48 million international arrivals in the past year. The demand for seamless, value-rich travel experiences has never been higher. Dragonpass's growth has been powered by its flexible and collaborative approach to market entry and expansion. Rather than relying on a one-size-fits-all model, the company partners closely with local organizations to co-create solutions that reflect the unique cultural and consumer dynamics of each GCC market. This localized agility has enabled Dragonpass to rapidly scale its operations and emerge as a preferred platform for both travelers and regional businesses seeking to enhance the travel experience. A key differentiator is Dragonpass's advanced technology platform, which aggregates travel services and loyalty benefits into one unified and personalized user experience. Strategic partnerships with leading blue-chip organizations based in the Middle East allow the company to deliver high-value offerings that combine exclusivity, convenience, and relevance. Dragonpass has also expanded well beyond traditional airport benefits. The platform now offers access to over 2,150 curated travel experiences, including Fast Track and a wide array of dining options. Dragonpass has recently launched a new lifestyle module focused on wellness and fitness. Members can now access more than 1,000 fitness and wellness locations across 50 major cities in over 25 countries—meeting the growing demand in the region for holistic, on-the-go wellbeing. 'The GCC is redefining the future of global travel, with innovation at the core of how experiences are delivered and valued,' said Andrew Harrison-Chinn CMO at Dragonpass. 'The GCC is a strategic growth market for us, home to highly discerning travelers who expect seamless, premium, and personalized journeys. By co-creating with forward-thinking partners and investing in technology-led solutions, we're not just responding to regional demand — we're helping shape a smarter, more elevated travel ecosystem across the region.' About Dragonpass International: Dragonpass is a global leader in digitally enabled airport and travel services, offering access to over 1,400 airport lounges, 161 Fast Track lanes, 516 dining benefits, and other premium travel experiences. Supporting over 40 million users worldwide, Dragonpass partners with leading banks, card issuers, and travel providers to deliver seamless, customer-centric solutions. Headquartered in the UK, which serves as its global business hub, the company manages key partnerships and operations across a global network. Dragonpass also maintains regional offices in markets including UAE, Singapore, Brazil, South Africa, Japan, and China—reflecting its commitment to delivering locally relevant solutions at a global scale. For media inquiries, please reach out to: Duha Shabib | Founder | The Halo Agency duha@ Sara El Niel | Account Manager | The Halo Agency sara@
Zawya
23-05-2025
- Business
- Zawya
Invest Qatar, Schneider Electric partner to accelerate smart infrastructure development
Doha: Invest Qatar, the Investment Promotion Agency of Qatar, has entered into a strategic partnership with Schneider Electric, a global leader in the digital transformation of energy management and automation. The collaboration aims to support the company's expansion in Qatar and accelerate the development of smart infrastructure and artificial intelligence (AI) solutions within the country's rapidly growing business ecosystem. Signed during the Qatar Economic Forum, the agreement outlines a collaborative framework to advance Schneider Electric's operations in the country. This includes contributing to the development and expansion of Qatar's AI innovation and smart infrastructure landscape, while nurturing a future-ready workforce. As part of its expansion, Schneider Electric plans to grow its local team, contributing to job creation and talent development in the country. The company will also collaborate with Invest Qatar on a range of learning and development initiatives aligned with Qatar's Third National Development Strategy (NDS3). These efforts will be supported by Schneider Electric's Services Training Centre, located in its newly inaugurated office in Msheireb, Qatar's most sustainable and digitally enabled district. Schneider Electric will offer comprehensive upskilling programmes for Qatari talent and tailored training for customers on automation and smart city technologies. By integrating global technological expertise with local market insights, the partnership aims to further boost Qatar's transition toward a technology-driven economy. Invest Qatar will provide Schneider Electric with tailored support services, facilitate access to key stakeholders and promote initiatives that drive AI adoption, smart infrastructure development across strategic sectors. The partnership will also help raise awareness of Schneider Electric's strategic contributions to Qatar's innovation and sustainability agenda. Commenting on the partnership, Sheikh Ali Alwaleed Al-Thani, CEO, Invest Qatar, said: 'We are pleased to partner with Schneider Electric and support its successful business growth journey in Qatar. The company's decision to deepen its presence underscores Qatar's position as an ideal hub for tech innovation and sustainable development. Together, we look forward to driving progress across key sectors and supporting Qatar's transition to a knowledge-based economy.' Louie Jarouche, Country Manager for Qatar & Kuwait, Schneider Electric, commented: 'We are proud to strengthen our presence in Qatar, a country whose bold vision for sustainable development and digital transformation mirrors our own. Through our partnership with Invest Qatar, we are harnessing our global expertise in digitalization and electrification solutions to help accelerate the country's smart infrastructure and AI ambitions. This collaboration reinforces our shared commitment to advancing a future-ready, low-carbon economy by empowering local talent and enabling innovation across key sectors in line with Qatar's Third National Development Strategy.' © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
22-05-2025
- Business
- Zawya
Invest Qatar and Schneider Electric partner to accelerate smart infrastructure development in Qatar
Doha – Qatar: Invest Qatar, the Investment Promotion Agency of Qatar, has entered into a strategic partnership with Schneider Electric, a global leader in the digital transformation of energy management and automation. The collaboration aims to support the company's expansion in Qatar and accelerate the development of smart infrastructure and artificial intelligence (AI) solutions within the country's rapidly growing business ecosystem. Signed during the Qatar Economic Forum, the agreement outlines a collaborative framework to advance Schneider Electric's operations in the country. This includes contributing to the development and expansion of Qatar's AI innovation and smart infrastructure landscape, while nurturing a future-ready workforce. As part of its expansion, Schneider Electric plans to grow its local team, contributing to job creation and talent development in the country. The company will also collaborate with Invest Qatar on a range of learning and development initiatives aligned with Qatar's Third National Development Strategy (NDS3). These efforts will be supported by Schneider Electric's Services Training Centre, located in its newly inaugurated office in Msheireb, Qatar's most sustainable and digitally enabled district. Schneider Electric will offer comprehensive upskilling programmes for Qatari talent and tailored training for customers on automation and smart city technologies. By integrating global technological expertise with local market insights, the partnership aims to further boost Qatar's transition toward a technology-driven economy. Invest Qatar will provide Schneider Electric with tailored support services, facilitate access to key stakeholders and promote initiatives that drive AI adoption, smart infrastructure development across strategic sectors. The partnership will also help raise awareness of Schneider Electric's strategic contributions to Qatar's innovation and sustainability agenda. Commenting on the partnership, Sheikh Ali Alwaleed Al-Thani, CEO, Invest Qatar, said: 'We are pleased to partner with Schneider Electric and support its successful business growth journey in Qatar. The company's decision to deepen its presence underscores Qatar's position as an ideal hub for tech innovation and sustainable development. Together, we look forward to driving progress across key sectors and supporting Qatar's transition to a knowledge-based economy.' Louie Jarouche, Country Manager for Qatar & Kuwait, Schneider Electric, commented: 'We are proud to strengthen our presence in Qatar, a country whose bold vision for sustainable development and digital transformation mirrors our own. Through our partnership with Invest Qatar, we are harnessing our global expertise in digitalization and electrification solutions to help accelerate the country's smart infrastructure and AI ambitions. This collaboration reinforces our shared commitment to advancing a future-ready, low-carbon economy by empowering local talent and enabling innovation across key sectors in line with Qatar's Third National Development Strategy.' Building future-ready infrastructure Qatar is strategically leveraging its world-class infrastructure, progressive regulatory environment and strong industry-academic partnerships to emerge as a leading tech and investment hub in the region. The country's National Development Strategy and Digital Agenda 2030 reflect a strategic focus on fostering innovation and integrating advanced technologies across various sectors. By prioritising research and development in emerging technologies, Qatar aims to boost its global digital competitiveness and position itself as a hub for innovation and technological advancement in the Middle East. About Invest Qatar The Investment Promotion Agency Qatar (Invest Qatar) is responsible for overseeing investment promotion activities, aimed at attracting foreign direct investment to Qatar. Established in 2019, Invest Qatar's mission is to strengthen Qatar's position as an ideal investment destination, while facilitating investments that foster economic diversification and development. As the gateway to investment solutions, Invest Qatar connects investors to an integrated ecosystem of business and licensing platforms. The Agency partners with investors throughout their journey, from exploration and setup to expansion, ensuring their long-term growth by providing comprehensive insights into Qatar's business landscape, sector-specific market knowledge and tailored investment facilitation.
Globe and Mail
20-05-2025
- Business
- Globe and Mail
Smart Cities Market Growing Trends, Future Outlook, Advance Technology, Global Size, Share And Forecast
Smart Cities Market by Focus Area, Smart Transportation, Smart Buildings, Smart Utilities, Smart Citizen Services (Public Safety, Smart Healthcare, Smart Education, Smart Street Lighting, and E-Governance), and Region - Global Forecast to 2028. The smart cities market is anticipated to expand at a compound annual growth rate (CAGR) of 15.6%, from roughly USD 699.7 billion in 2025 to USD 1,445.6 billion by 2030. Rapid urbanization, increased need for green infrastructure, developments in artificial intelligence (AI) and Internet of Things (IoT) technology, and pro-growth government policies are some of the drivers driving this rise. Further market expansion is also facilitated by rising investments in digital governance, intelligent mobility, and efficient energy systems. The need for resilient urban ecosystems and increased public knowledge are major factors in the uptake of smart city projects. Download PDF Brochure@ A smart city uses advanced technologies and data-driven solutions to enhance urban living, optimize resource use, and improve sustainability. Key components include IoT sensors, AI analytics, smart grids, and connected infrastructure. These technologies enable real-time monitoring and efficient management of utilities, transportation, and public services. Smart infrastructure improves energy efficiency, reduces traffic congestion, and enhances public safety through predictive analytics. The adoption of smart city solutions is largely driven by rapid urbanization, environmental concerns, and the need for resilient infrastructure. Applications of these solutions range from smart waste management—which minimizes landfill use—to intelligent transport systems that reduce emissions, and green buildings that lower energy consumption. By integrating renewable energy sources and promoting eco-friendly practices, these solutions contribute to a greener future, fostering sustainable urban ecosystems that prioritize environmental conservation and improve residents' quality of life. "Commercial smart buildings are estimated to account for the largest share in the smart cities market during the forecast period." Commercial smart buildings are at the forefront of the smart building segment within the smart cities market, largely due to their high adoption rates in office buildings, retail spaces, and corporate office parks. This trend is driven by the demand for increased operational efficiency and cost reduction. These buildings implement various solutions, including automated building management systems (BMS) that help to reduce HVAC, lighting, and energy consumption. Smart visitor and access systems enhance security and streamline entry processes. AI-driven space optimization and data analysis maximize the use of space based on occupancy patterns. Additionally, IoT sensors monitor real-time environmental conditions, improving occupant comfort and facilitating facility maintenance. Collectively, these solutions enhance operational efficiency by minimizing power wastage, boosting security, and lowering operational costs. The strong demand for these solutions in commercial settings, combined with their scalability and measurable return on investment (ROI), solidifies their leading position in the market. Businesses are increasingly investing in sustainable, data-driven solutions to meet the evolving needs of modern cities. "By smart transportation solutions, passenger information management is expected to register the fastest growth rate during the forecast period." Passenger information management (PIM) is expected to experience the fastest growth rate within the smart transportation segment of the smart cities market. This is largely due to its essential role in improving commuter experiences and operational efficiency. PIM systems utilize real-time information, the Internet of Things (IoT), and artificial intelligence (AI) to provide accurate and timely details about transit schedules, delays, and routes. This information is delivered through mobile applications, digital signage, and in-vehicle systems. PIM enhances commuter satisfaction, encourages the use of public transport, and helps to reduce traffic congestion. The rapid growth of urban areas and the increasing demand for seamless, technology-driven transportation solutions are key factors driving the adoption of PIM. Furthermore, the integration of PIM with smart ticketing platforms and mobility-as-a-service solutions enhances accessibility. As the focus shifts toward sustainable transport initiatives and data-driven city planning, the scalability of PIM, along with its ability to streamline transit networks, is driving its growth within the intelligent transport ecosystem. "Based on region, Asia Pacific is projected to register the highest CAGR during the forecast period." The Asia Pacific region is projected to experience the highest CAGR in the smart cities market during the forecast period. This growth is driven by urbanization, the rise of a growing middle class, and increasing government investments in digital infrastructure. The significant population increase, particularly in India, China, and Southeast Asia, is creating greater demand for smart urban solutions. Initiatives such as India's Smart Cities Mission and China's New Urbanization Plan are key factors contributing to this growth. Additionally, an improved macroeconomic outlook, the expansion of 5G networks, and public-private partnerships are promoting the development of smart cities in areas such as energy, transportation, and public services. The adoption of new technologies, along with goals for environmental sustainability, is further fueling market expansion. As megacities continue to develop, the Asia Pacific region is well-positioned to lead global innovation in smart cities, creating technology ecosystems and catering to a large consumer base that seeks an enhanced urban quality of life. Request Sample Pages@ Unique Features in the Smart Cities Market One of the most defining features of the smart cities market is the deep integration of Internet of Things (IoT) and Artificial Intelligence (AI). These technologies enable real-time data collection, analysis, and responsive actions across urban infrastructure. Sensors embedded in roads, buildings, and vehicles provide valuable data that is processed using AI to optimize traffic flow, energy usage, and public safety. This seamless interconnectivity sets smart cities apart from traditional urban models. Smart cities are designed with sustainability at their core. Green building technologies, renewable energy sources, and efficient waste management systems are integral components. Smart grids balance energy loads and reduce wastage, while intelligent lighting and water systems minimize consumption. This eco-conscious approach is a unique driver in the smart cities market, aligning urban development with climate and sustainability goals. Another unique feature is the use of big data and analytics to drive governance decisions and public service improvements. City administrations leverage digital dashboards and data platforms to monitor everything from air quality to emergency services. Citizens can also interact with governments via apps for service requests, feedback, or reporting issues, leading to more responsive, participatory governance. Smart mobility is a cornerstone of smart cities, offering solutions like intelligent traffic management, electric vehicles (EVs), and integrated public transport systems. These cities adopt Mobility-as-a-Service (MaaS) platforms that combine multiple transport options into a single accessible service. Features such as dynamic traffic signals and real-time transit updates enhance efficiency and reduce congestion, creating a smoother commuting experience. Major Highlights of the Smart Cities Market Governments worldwide are playing a central role by launching national smart city missions, providing regulatory frameworks, and offering incentives for public-private partnerships. Initiatives like India's Smart Cities Mission and the EU's Smart Cities Marketplace underscore the strategic importance of digital urban transformation. Smart cities represent a convergence of diverse sectors — including energy, mobility, healthcare, security, and telecom. This interconnectedness fosters innovation across industries, leading to integrated solutions such as smart buildings with IoT-based energy controls, or AI-enabled traffic systems linked with emergency services. Environmental sustainability is a major driver. Smart cities are aligning with global climate targets by adopting green building technologies, low-carbon transport systems, and waste-to-energy solutions. Many cities are integrating climate resilience into urban planning to counter risks posed by extreme weather and rising emissions. The adoption of emerging technologies like AI, machine learning, blockchain, and 5G is transforming how cities operate. These technologies enable real-time decision-making, predictive analytics, and seamless service delivery, marking a shift from traditional urban management to data-centric governance. Inquire Before Buying@ Top Companies in the Smart Cities Market The major vendors in the smart cities market include Cisco (US), IBM (US), Siemens (Germany), Microsoft (US), Hitachi (Japan), Schneider Electric (France), Huawei (China), Intel (US), NEC (Japan), and ABB (Switzerland). These companies dominate the smart cities market by implementing a range of growth strategies, both organic and inorganic. Their approaches include collaborations, acquisitions, product launches, partnerships, agreements, and expansions aimed at enhancing their global presence and capturing a larger share of the smart cities market. These strategies have enabled market players to expand across various regions by offering innovative smart city solutions. Siemens Siemens, a global leader in automation, electrification, and digitalization technologies, holds a strong position in the smart cities market through its advanced digital solutions across infrastructure, transportation, and healthcare sectors. Some of its key offerings include Insights Hub, a cloud-based IoT analytics platform; Grid Edge, which focuses on decentralized energy systems; Intelligent Traffic Systems that improve urban traffic mobility; and Building X, a digital platform that enhances building efficiency and sustainability. Siemens actively participates in prominent projects, such as developing the smart infrastructure in Vienna's Aspern district and creating an intelligent traffic network in Singapore. These initiatives reflect Siemens' commitment to creating connected, smart, and efficient urban environments. As a result, Siemens plays a significant role in advancing smart city technologies, driving innovation, and enabling sustainable urban ecosystems worldwide. Schneider Electric Schneider Electric, headquartered in Rueil-Malmaison, France, is a global leader in energy management and automation. The company serves various sectors, including buildings, data centers, industry, infrastructure, and energy utilities. Schneider Electric has significantly advanced its growth in the smart cities market through its open, interoperable, IoT-enabled EcoStruxture platform. This platform enhances the energy efficiency, sustainability, and performance of urban systems by integrating connected solutions, edge control, and analytics. Some of Schneider Electric's notable smart city projects include collaborations in Barcelona, where it implemented smart energy and building automation systems, and in Hyderabad, India, where it facilitated the development of smart infrastructure and command centers. These initiatives demonstrate Schneider Electric's commitment to creating robust, efficient, and digitally advanced urban environments, positioning the company as a key enabler in the evolution of smart cities. Cisco Cisco (US) plays a pivotal role in the Smart Cities market by providing advanced networking and IoT solutions that enhance urban infrastructure and services. Through its Country Digital Acceleration program, Cisco collaborates with cities worldwide to implement technologies such as smart lighting, traffic management, and public safety systems, aiming to create more connected and sustainable urban environments . Notably, in India, Cisco contributed to the Golden Mile Project in Vijayawada, introducing features like free Wi-Fi, intelligent street lighting, and smart parking to improve city living . With a significant market share, Cisco continues to drive innovation in smart city initiatives globally. IBM IBM (US) is a key player in the Smart Cities market, leveraging its expertise in artificial intelligence, cloud computing, and data analytics to help cities optimize operations and enhance citizen services. Through its IBM Intelligent Operations Center and Watson AI platform, IBM enables cities to manage infrastructure, traffic, energy, and emergency response more efficiently. The company has worked with urban governments globally to develop smarter transportation systems, predictive policing tools, and sustainable resource management strategies, supporting its vision of data-driven, resilient cities. Microsoft (US) is a prominent contributor to the Smart Cities market, offering a suite of digital solutions that enhance urban living through technology. Utilizing its Azure cloud platform, AI, IoT, and data analytics, Microsoft aids cities in improving infrastructure, sustainability, and citizen services. Their initiatives focus on areas like traffic management, energy efficiency, and public safety. Collaborations with global cities have led to the deployment of smart solutions that address urban challenges and promote economic growth. Microsoft's commitment to smart city development underscores its role in shaping resilient and connected urban environments.
