Honeywell signs deal with Advanced Electronics for Saudi smart cities

Global technology company Honeywell and Riyadh-based Advanced Electronics Company (AEC) have signed a Memorandum of Agreement for collaborating on business development activities for smart and connected buildings, smart cities and critical infrastructure protection in Saudi Arabia, a statement said on Wednesday.

Under this Agreement, signed during Saudi Arabian Smart Grid Conference, being held at The Ritz Carlton, Jeddah, AEC and Honeywell will be working to develop long-term, strategic co-operation plans to jointly develop new business opportunities that will enable smart buildings and cities in the Kingdom, the statement added.