Cairo, Egypt: – Schneider Electric, the global leader in the digital transformation of energy management and automation, concluded its remarkable participation at MIPIM 2023, one of the leading international real estate exhibitions, held in Cannes, France. Through the exhibition, Schneider Electric showcased its latest cutting-edge solutions for the real estate sector and most prominent projects in partnership with top-performing local developers. It is worth noting that Egypt had a solid representation at the exhibition with a delegation led by Eng. Khaled Abbas, Chairman and Managing Director of the Administrative Capital Company alongside 13 top Egyptian real estate companies and consulting offices. The exhibition was an excellent opportunity to highlight Egypt's exceptional real estate experience on a global scale and open new horizons for potential real estate investment in Egypt.

Representatives from Schneider Electric's global leadership team shared groundbreaking insights in a number of panel discussions held on the sidelines of MIPIM exhibition including “COP27 the way forward” in which Estelle Monod, Senior Vice President of Building Segments at Schneider Electric, participated as a speaker among a lineup of experts including Eng. Khaled Abbas, Chairman and Managing Director of the Administrative Capital Company, Victoria Burrows, Director of Advancing Net Zero at the World Green Building Council, and Dr. Ahmed Shalaby, President and CEO of Tatweer Misr. The thought-provoking session addressed the pressing issues of sustainability in the new fourth-generation cities, the need for smart buildings to combat climate change, and accelerating the transition to net zero emissions. The discussion emphasized the critical role the real estate sector plays in balancing all of this while maintaining the real estate growth rates in Egypt, with the invaluable contribution of companies like Schneider Electric in helping developers achieve their environmental goals.

Schneider Electric also took part in the “Delivering sustainable growth at scale”, a session that highlighted the Egyptian State’s efforts to create a strong infrastructure that can support sustainable development, presenting the New Administrative Capital as a successful model for the partnership with global partners to develop new sustainable cities. The session featured Eng. Khaled Abbas, Chairman and Managing Director of the Administrative Capital Company, Stacy van-Dolah Evans, Global Segments Director for Design Firms, Schneider Electric, Eng. Mohamed Khaled El Assal, CEO and Managing Director, Misr Italia Properties, and Renee Schoonbeek, Senior Consultant & Urbanist, Arcadis, as speakers who all offered their valuable insights on the topic.

Commenting on the participation at MIPIM 2023, Amel Chadli, Vice President of Strategy and Digital Energy for The Middle East and Africa of Schneider Electric said: “Schneider Electric focuses on technology solutions that drive digital transformation and energy management for grids, buildings, infrastructure, and services, aligning with the company’s long-term sustainability commitments and contribute to reducing carbon emissions. Participating in MIPIM, we were able to showcase our expertise in smart buildings and cities and showcase our most prominent projects in the Egyptian market, a pivotal market for the company in the region and on the global level due to its huge opportunities for growth and expansion.”

As part of its participation in MIPIM, Schneider Electric hosted a grand dinner reception, which saw the attendance of representatives from major real estate companies operating in the Egyptian and Gulf markets. The event served as an ideal platform for industry leaders to discuss the prospects of growth and expansion in the local and regional real estate markets. It was attended by a delegation from Schneider Electric's global leadership team led by Manish Kumar, Executive Vice President of Digital Energy, and Estelle Monod, Senior Vice President, Building Segments as well as the company's management team from the Middle East and Africa zone, and Northeast Africa and Levant cluster that includes Egypt.

On his part, Eng. Fouad Zayed, Vice President of Digital Energy at Schneider Electric Northeast Africa and Levant, said: "Egypt is in the midst of a digital transformation revolution, with a particular emphasis on the new cities and smart buildings sector. The State and developers are leaving no stone unturned in adopting the latest technological methods and sustainability standards to contribute to boosting energy efficiency, rationalizing the use of natural resources, and raising the operational efficiency of facilities utilizing Schneider Electric's solutions and services based on the latest technological applications in cloud computing, big data, and artificial intelligence. During our participation, we showcased Schneider Electric’s latest cutting-edge solutions in the field of infrastructure that are utilized in the real estate projects we are part of.” Mona Samir, Head of Customer Relations and Government Relations at Schneider Electric Northeast Africa and Levant, commented saying: "We are thrilled with Schneider Electric's distinguished participation in MIPIM, which confirms the strength of the Egyptian real estate market, expansion opportunities, and the importance of partnership to drive growth. At Schneider Electric, we are proud to be the digital partner for sustainability and efficiency for major real estate developers in Egypt, as we were able to sign a number of strategic partnerships with major real estate companies in Egypt over the past few months to provide our smart solutions in their projects."

Schneider Electric continues to drive innovation through its smart building and smart city solutions. At the forefront of the company's offerings are its cutting-edge solutions, including an integrated building management system that includes a state-of-the-art data center, sensors, smart meters, a central battery system, electric vehicle (EV) charging stations, power factor correction, solar energy system, and a full-fledged fire alarm system, in addition to EcoStruxure™ digital solutions that enable the control of these systems and components to ensure the highest levels of operational efficiency of the real estate assets and subsystems within the projects.

The EcoStruxure™ digital platform combines best-in-class operating technology solutions with the latest IT technology to maximize energy efficiency and sustainability in accordance with global best practices and standards. The platform is user-friendly and effectively assists operations and maintenance officials as well as utility and electrical engineers in monitoring and managing vital infrastructure assets using IoT and cloud computing technology as well as managing sustainable infrastructure systems and facilities.

Schneider Electric's digital solutions, applications, and platforms are highly capable of managing and controlling electricity, water, natural gas, data centers, security and surveillance systems, and control centers within urban communities and projects, and are designed to suit different types of real estate projects whether residential, administrative, commercial, or industrial. The solutions provide an exceptional digital experience for operators and engineers that allows them to ensure the highest efficiency and operational availability rates, reduce power interruptions, apply safety and security measures, digitally manage offices and workplaces and pay bills online.