SABB, Siemens Sign Deal to Create Smart Building Technology

SABB selected Siemens to supply the services at SABB Tower in Riyadh
SABB selected Siemens to supply the services at SABB Tower in Riyadh
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SABB, Siemens Sign Deal to Create Smart Building Technology

SABB selected Siemens to supply the services at SABB Tower in Riyadh
SABB selected Siemens to supply the services at SABB Tower in Riyadh

The Saudi British Bank (SABB) has signed an agreement with Siemens to provide smart building services for SABB’s new headquarters, making the 30-story tower a model of digitally enabled efficiency, comfort, and sustainability.

SABB selected Siemens to supply the services at SABB Tower in Riyadh. The Siemens solution includes a workplace experience platform with an employee app, an Internet of Things (IoT) sensor network, systems integration and energy analytics.

The agreement supports SABB’s aspirations of becoming a fully digitally enabled bank, making operations at SABB Tower more efficient and enhancing employees’ productivity and well-being. The end result will be an employee-centric and energy-efficient design that can become a model for other buildings in the Kingdom.

“Our ambition is to become Saudi Arabia’s leading, digitally enabled bank and most sought-after employer, and smart building services from Siemens will help us realize this goal,” said Tony Cripps, Managing Director, SABB. “This project will enhance our employee experiences while delivering actionable data about our headquarters and improving operational results.”

“Siemens looks forward to putting workplace technology in the hands of SABB’s employees and facility managers and connecting them in real time to the physical and digital worlds around them,” said Eng. Ahmed Hawsawi, CEO of Siemens Saudi Arabia. “With our holistic approach to integrating smart technologies, we’ll create a simple, efficient, user-friendly and secure environment for the bank’s staff and clients.”



GASTAT: Saudi Industrial Production Index Increases by 3.4% in November 2024

GASTAT publishes the IPI monthly. SPA
GASTAT publishes the IPI monthly. SPA
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GASTAT: Saudi Industrial Production Index Increases by 3.4% in November 2024

GASTAT publishes the IPI monthly. SPA
GASTAT publishes the IPI monthly. SPA

Saudi Arabia’s General Authority for Statistics (GASTAT) said Thursday that the Industrial Production Index (IPI) statistics for November 2024 showed a 3.4% increase compared to the same month of the previous year.

This increase is driven by growth in mining and quarrying, manufacturing, water supply, sewerage, and waste management and remediation activities, GASTAT said.

Furthermore, the sub-index of mining and quarrying activity increased by 1.2%, and the sub-index of manufacturing activity increased by 7.2%.

The sub-index of electricity, gas, steam, and air conditioning supply activity recorded a decrease of 2.1%, and the sub-index of water supply, sewerage and waste management and remediation activities increased by 10.5%.

The IPI by main economic activities increased by 3.8% compared to the same month of the previous year, while the index of non-oil activities also increased by 2.4%.

GASTAT publishes the IPI monthly. It is an economic indicator that reflects the relative changes in the volume of industrial output. It is calculated based on the industrial production survey.