Riyadh Jumps 18 Ranks In Global List of Smart Cities

 The Saudi capital has jumped 18 ranks to finish 53rd out of a total of 109 cities in the world list of smart cities (Asharq Al-Awsat).
The Saudi capital has jumped 18 ranks to finish 53rd out of a total of 109 cities in the world list of smart cities (Asharq Al-Awsat).
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Riyadh Jumps 18 Ranks In Global List of Smart Cities

 The Saudi capital has jumped 18 ranks to finish 53rd out of a total of 109 cities in the world list of smart cities (Asharq Al-Awsat).
The Saudi capital has jumped 18 ranks to finish 53rd out of a total of 109 cities in the world list of smart cities (Asharq Al-Awsat).

The Saudi capital has jumped 18 ranks to finish 53rd out of a total of 109 cities in the world list of smart cities, surpassing global hubs.

Singapore, Helsinki and Zurich topped the index in a year that witnessed a decline in the performance of many European cities, due to the repercussions of the Covid-19 pandemic and their overall impact on the lives of European residents.

Issued by the Swiss-based International Institute for Management Development (IMD), the Smart City Index, now in its second year, surveyed more than 13,000 people in 109 cities, focusing on how they perceived the impact of technology in five areas: Health and safety, mobility, activities, opportunities and governance.

“According to the survey, which measures residents’ satisfaction in the services and technologies available in their city, the residents of Riyadh are more satisfied with their city’s offering than some of the most advanced cities of the world,” IMD said in a statement.

“The world’s smart cities don’t simply adopt new technology, they make sure it truly improves citizens’ lives,” said Arturo Bris of IMD.

Bris, director of the IMD World Competitiveness Center, said that Riyadh’s performance came as a result of the many improvements the city has implemented.

“Riyadh has made great progress in its performance this year, surpassing cities such as Tokyo, Rome, Paris and Beijing. This is a strong message that Riyadh has come a long way to develop and improve the quality and standard of life of its citizens,” he underlined.

“The progress achieved in Riyadh over the past twelve months constitute an example to follow, and a lesson that other cities can benefit from to become smarter and meet the requirements of their residents,” he added.

Others in the top 10 included Auckland, Oslo, Copenhagen, Geneva, Taipei City, Amsterdam and New York, while Abuja, Nairobi and Lagos ranked bottom.



Egypt's Non-oil private Sector Contracts Further in April

FILE PHOTO: Egyptians and tourists visit the Great Pyramids in Giza, on the outskirts of Cairo, Egypt, November 4, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
FILE PHOTO: Egyptians and tourists visit the Great Pyramids in Giza, on the outskirts of Cairo, Egypt, November 4, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
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Egypt's Non-oil private Sector Contracts Further in April

FILE PHOTO: Egyptians and tourists visit the Great Pyramids in Giza, on the outskirts of Cairo, Egypt, November 4, 2024. REUTERS/Amr Abdallah Dalsh/File Photo
FILE PHOTO: Egyptians and tourists visit the Great Pyramids in Giza, on the outskirts of Cairo, Egypt, November 4, 2024. REUTERS/Amr Abdallah Dalsh/File Photo

Egypt's non-oil private sector economy contracted further in April after a decline in domestic and foreign demand caused new orders and output to fall for a second month, according to a survey released on Tuesday.

The S&P Global Egypt PMI headline index dropped to 48.5 in April from 49.2 in March, marking the lowest reading so far in 2025. A figure below 50 indicates contraction and one above 50 indicates growth, reported Reuters.

"Business activity weakened for the second month running in April as firms highlighted an additional drag from falling sales," said David Owen, Senior Economist at S&P Global Market Intelligence. International market weakness impacted business confidence and spending, he said.

Despite rising input costs, driven largely by a 15% increase in fuel prices, firms kept sale prices stable, ending 56 months of inflation. Employment and purchasing activity also decreased, with companies reducing staff for a third consecutive month.

While input prices rose at their fastest pace in four months, output prices remained unchanged, reflecting subdued pressure on costs, the survey indicated. Firms expressed cautious optimism about future activity, with confidence ticking up to a three-month high, although still below long-term trends.

Supply chains remained stable, with delivery times unchanged and inventories slightly increasing. The sub-index for output dipped to 47.4 from 48.6, while that for new orders fell to 47.24 from 49.0.