Saudi Press: Saudi Arabia Always Seeks to Enhance its Relations With GCC Countries in Various Fields    S.Korea Records 4,954 New Cases of COVID-19    Kuwait condemns terrorist Houthi militia attempts to target Riyadh city with ballistic missile    Bahrain strongly condemns launch of ballistic missile by terrorist Houthi militia towards Riyadh city    U.S. State Department Affirms its Support for the Kingdom of Saudi Arabia against Houthi's Terrorist Attacks    Saudi and Omani Companies Sign 13 MoUs Related to Joint Work in Promising Economic Sectors    Saudi Aramco Announces $15.5 Billion Landmark Gas Pipeline Deal with Global Consortium    Arab Parliament Condemns Terrorist Houthi Militia's Targeting of the Cities of Riyadh and Khamis Mushait with Ballistic Missiles    The Ministry of Defense: The Royal Saudi Air Defense Intercepts and Destroys A Ballistic Missile Launched by the Houthi Militia Towards Riyadh    Dr. Al Rabeeah inaugurates launch of first 154 aid trucks to Yemen    UN deplores conviction and sentencing of Aung San Suu Kyi    King Abdullah Port sponsors SMME reinforcing commitment to maritime sector    Crown Prince embarks on Gulf states tour    SWCC shares initiatives in realizing Saudi Green goals in London Forum    Saudi Export Development Authority Organizes Saudi Trade Mission to USA    Saudi Stock Exchange Main Index Ends Trading Lower at 11021 Points    LuLu group and EFAA group make kindness and support priority on World Disability Day.    Coalition forces shoot down two Houthi-fired drones    Saudi Arabia's new COVID-19 cases continue its slight rise    Saudi and GCC entrants set to dominate motorcycle and quad battles in Hail    10 days to go until Riyadh comes alive with MDLBEAST'S majestic shows    World Directs Attention to Final Round of FIA Cross Country Rally World Cup in Hail    Saudi ministry stresses need for wearing masks, social distancing in mosques    Pakistani education minister lauds Saudi e-learning success during the pandemic    Next pandemic could be more lethal than Covid, says vaccine creator    5-day Jeddah international motor show starts Today at 6 PM    Lewis Hamilton wins thrilling Saudi Arabian Grand Prix    Crown Prince attends inaugural Saudi Arabian Grand Prix    Deputy Governor of Hail: Hail International Rally is a practical translation of the wise leadership's support    Hail International Rally to Kick off Tomorrow    SAMI, Airbus to Form Joint Venture for Military Aviation MRO and Services    Hamilton sets pace in free trials in Formula 1 STC Saudi Arabian Grand Prix    Red Sea Immersive to provide enthralling experience: Liz Rosenthal    Invest in Saudi Arabia Initiative Announces its Partnership with Formula 1 Saudi Grand Prix    Duchess of Sussex wins latest court battle with Mail on Sunday publisher    Trolls join UN campaign for healthier eating, sustainable living    BIENALSUR Exhibition Arrives in Jeddah at Historic Site of Qasr Khuzam    Saudi Hind Al-Showaier Elected Regional Director of World Federation of the Deaf    Saudi Film Commission launch its strategy to develop film and cinema sector    Bollywood superstar Salman Khan to dazzle Riyadh Season on Dec. 10    First Full International Marathon in Saudi Arabia to be Held in March 2022    Bollywood star's 'India got freedom in 2014' remark stirs controversy    23 Saudi women obtain favorable verdicts in 'adhl' lawsuits    Bride's fingerprint not required in revised e-marriage contract    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



ANB showcases commitment to Saudi municipal and infrastructure development
Published in The Saudi Gazette on 08 - 10 - 2016

GIVEN its status as one of the largest infrastructure markets in the MENA (Middle East and North Africa) region, Saudi Arabia is actively pushing innovation and investment into this booming development sector.
The banking sector is one of the most crucial elements in successfully developing a country's infrastructure. Leveraging its status as one of Saudi Arabia's leading banking organizations, ANB is actively supporting national and municipal projects.
Highlighting its commitment to offering tailored banking solutions and support, not just at a national level but also to municipal development efforts, ANB supported the Municipality Excellence and Expansion Summit organized by multinational business facilitation company Naseba.
The summit, endorsed by the Saudi Ministry of Municipal and Rural Affairs, brought together key stakeholders from across the Kingdom to discuss and develop the roadmap to enhancing municipality-led infrastructure projects.
Ali Alomran, deputy head of technology services, Arab National Bank noted "Given our commitment to delivering excellence to all of our customers in Saudi Arabia including ministries and municipalities, we are proud to associate ourselves with this platform that will help connect the different infrastructure initiatives through a shared development vision."
ANB was joined at the summit by other Municipality leaders such as the Mayor of Makkah, Dr. Osama Bin Fadhel Al-Bar, who was part of the panel discussing "The role of PPP in developing innovative cities through municipal management".
Jean Philippe, production director at Naseba, commented: "This summit is bringing together all of the key stakeholders to support transforming Saudi Arabia's municipalities, and enabling development authorities to deliver excellence to their citizens."
IoT propels Kingdom cities into the future
The Kingdom has embarked on a journey of economic, social and political reforms. As a part of the effort to implement these reforms the Kingdom has allocated $500 billion to infrastructure development by 2020, including building and developing cities based on the smart cities model.
As the entity responsible for the administration of municipalities across the Kingdom, the Ministry of Municipal and Rural Affairs (MOMRA) is also investing its resources into Internet of Things — both in terms of its infrastructure and technology, some of which has already been rolled out.
The ministry has backed and endorsed the Summit 2016 to build new business relationships between key decision makers from the Kingdom's municipalities and the service providers equipped to deliver ICT project management and execution solutions.
The summit featured panel discussions on urban planning, infrastructure, Internet of Things and smart city development by representatives of prominent organizations like ANB, Mobily, STC, and EY.
According to Hisham Hany Elkeraby, Municipalities & Cities Sector Leader, Advisory, EY MENA, "In emerging economies, smart investments can swiftly scale up productive capacity, better address the traffic, population and environmental challenges of rapid urbanization and support longer-term economic objectives. Smart technology investment also yields a much higher rate of return than investing in traditional infrastructure projects. This is due to various multiplier effects, such as the resulting network of connected and ICT-enabled infrastructure. In turn, this fosters new consumer and business behaviors, which, themselves, open up employment opportunities."
Leveraging the power of technology, Saudi Arabia aims to implement unique digital platforms in the fields of healthcare, infrastructure, society, economy, governance and environment to pave the way for its transformation into a truly futuristic smart city. Perhaps the most interesting development in Saudi Arabia's development plan will be smart buildings that use Internet of Things (IoT) technology.
"Saudi Arabia's Vision 2030 has laid the groundwork for future developments in municipal excellence and smart transformation throughout the Kingdom. Supporting this vision is a necessity for any organization that operates in Saudi Arabia or aims to build a successful base here. We are proud to facilitate the government's initiatives through the Municipality Excellence and Expansion Summit, and hope to see other organizations join the drive towards a more interconnected, technology


Clic here to read the story from its source.