ROSHN partners with Cisco to explore use of IoT technology for smart buildings

The cooperation with Cisco will boost ROSHN’s competitive edge as a regional leader in real estate, according to a press release. Supplied
Short Url
Updated 22 April 2024
Follow

ROSHN partners with Cisco to explore use of IoT technology for smart buildings

RIYADH: Saudi real estate developer ROSHN Group has signed a deal with Cisco to explore the use of the Internet of Things in the company’s sustainable smart buildings. 

According to a press statement, this collaboration framework will also see technologies developed by the US-based firm being employed in the giga-project’s innovation hub which will be opened next year. 

A smart building converges various building-wide systems — such as air conditioning, lighting, alarms, and security — into a single IT-managed network infrastructure, according to Cisco’s website. 

Using IoT, physical objects are being embedded with sensors, software, and other technologies for the purpose of connecting and exchanging information, allowing smoother living conditions in smart buildings. 

Jayesh Maganlal, chief information and digital officer at ROSHN, said that this partnership will make use of IoT to ensure energy efficiency and smart building management.

“Technology underpins everything we do at ROSHN, and this agreement with Cisco will help us leverage exciting concepts such as IoT for new innovations in areas such as energy efficiency and smart building management. The goal is to use technology for the benefit of our residents and communities throughout the Kingdom,” said Maganlal. 

Salman Faqeeh, managing director of Cisco Saudi Arabia, noted that the deal with ROSHN will help accelerate the growth of the real estate sector in the Kingdom. 

“Our collaboration with ROSHN underscores Cisco’s dedication to leveraging cutting-edge technologies and sustainable practices for smart and connected communities in the Kingdom,” said Faqeeh. 

He added: “The initiative aims to explore the use of state-of-the art technologies to digitally empower ROSHN and support the company to continue playing a major role in the growth of the kingdom’s real estate market.” 

Earlier this month, ROSHN also signed a sale and purchase agreement with Dar Al Arkan to acquire and develop residential villas in SEDRA 1A, which is in northern Riyadh. 

In January, the developer – backed by Saudi Arabia’s Public Investment Fund – signed another deal with Electric Vehicles Infrastructure Co. to accelerate EV adoption in the Kingdom. 

Under the deal, ROSHN and EVIQ will work to assess and create infrastructure solutions for EVs in the developer’s residential communities and commercial properties. 

In the same month, the giga-project signed a deal with Saudi Postal Corp. to roll out a custom short address system. 

Moving away from the long, traditional form of labeling letters and packagers, the SPL’s Short National Address uses a four-character code and four digits for enhanced accuracy. 


Saudi Arabia’s cultural sector is a new economic engine between Riyadh and Paris, says ambassador

Updated 25 January 2026
Follow

Saudi Arabia’s cultural sector is a new economic engine between Riyadh and Paris, says ambassador

RIYADH: Culture has become a fundamental pillar in bilateral relations between France and Saudi Arabia, according to the French Ambassador to the Kingdom, Patrick Maisonnave.

Maisonnave noted its connection to the entertainment and tourism sectors, which makes it a new engine for economic cooperation between Riyadh and Paris.

He told Al-Eqtisadiah during the opening ceremony of La Fabrique in the Jax district of Diriyah that cultural cooperation with Saudi Arabia is an important element for its attractiveness in the coming decades.

La Fabrique is a space dedicated to artistic creativity and cultural exchange, launched as part of a partnership between the Riyadh Art program and the French Institute in Riyadh. 

Running from Jan. 22 until Feb 14, the initiative will provide an open workspace that allows artists to develop and work on their ideas within a collaborative framework.

Launching La Fabrique as a space dedicated to artistic creativity

The ambassador highlighted that the transformation journey in the Kingdom under Vision 2030 has contributed to the emergence of a new generation of young artists and creators, alongside a growing desire in Saudi society to connect with culture and to embrace what is happening globally. 

He affirmed that the relationship between the two countries is “profound, even cultural par excellence,” with interest from the Saudi side in French culture, matched by increasing interest from the French public and cultural institutions unfolding in the Kingdom.

Latest estimates indicate that the culture-based economy represents about 2.3 percent of France’s gross domestic product, equivalent to more than 90 billion euros ($106.4 billion) in annual revenues, according to government data. The sector directly employs more than 600,000 people, making it one of the largest job-creating sectors in the fields of creativity, publishing, cinema, and visual arts.

Saudi Arabia benefiting from French experience in the cultural field

Maisonnave explained that France possesses established cultural institutions, while Saudi Arabia is building a strong cultural sector, which opens the door for cooperation opportunities.

This comes as an extension of the signing of 10 major cultural agreements a year ago between French and Saudi institutions, aiming to enhance cooperation and transfer French expertise and knowledge to contribute to the development of the cultural system in the Kingdom.

He added that experiences like La Fabrique provide an opportunity to meet the new generation of Saudi creators, who have expressed interest in connecting with French institutions and artists in Paris and France.

La Fabrique encompasses a space for multiple contemporary artistic practices, including performance arts, digital and interactive arts, photography, music, and cinema, while providing the public with an opportunity to witness the stages of producing artistic works and interact with the creative process.