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Diamond Developers, Siemens sign MoU

Collaboration will explore implementing smart solutions in developer’s existing and future projects

| | Jun 23, 2020 | 6:47 pm
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DUBAI, UAE, 23 June 2020: Siemens and Diamond Developers, the real estate developers of Dubai’s Sustainable City, signed a Memorandum of Understanding (MoU) to explore implementing new smart solutions for the developer’s existing and future projects, the latter said through a Press release.

The signing was executed through video call between Diamond Developers offices in The Sustainable City, and Siemens offices in Abu Dhabi and Germany, the release said. The MoU sets a framework for Siemens and Diamond Developers to create a partnership that supports the building of low-carbon, inclusive, safe, and resilient cities and communities across the world, the release added.

Faris Saeed

Faris Saeed, CEO, Diamond Developers, said: “We are committed to supporting the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to turn Dubai and the Emirates, in general, into one of the most sustainable countries in the world. We can all play a part and contribute to achieving this goal, and this partnership with Siemens will help us continue enhancing and improving our model of sustainable cities in the UAE and around the world, making our cities smarter and more efficient, and enhancing quality of life in general.”

Franco Atassi

Franco Atassi, CEO, Siemens Smart Infrastructure in the Middle East, said: “Sustainable City in Dubai is already a model of efficiency, exporting more than a quarter of its solar power and avoiding tons of carbon emissions a year. Our approach of creating digitalized ecosystems from the point of power generation all the way to consumption can bolster energy efficiency and help protect the planet.”  

According to the release, the Sustainable City was designed as a model for future cities, with the ultimate illustration of social, environmental and economic solutions, to make the city truly sustainable. The city grows its own food, produces renewable energy, recycles water and waste, restricts cars and encourages clean mobility, the release said. This results in reducing carbon emissions, increasing performance, and minimising cost, the release added.


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