Back to the complete issue
Sunday, 24 February 2019

Honeywell signs agreement with Egypt to develop NAC security system

US-based Honeywell has signed with the New Administrative Capital Company for Urban Development (NACCUD) contracts to develop a digital security system in the new capital. “Honeywell will deploy city-wide security and surveillance systems as part of the first phase of development, in collaboration with its partner MTI, to integrate security systems across the capital into a single point of control, known as an Integrated Command and Control Centre (ICCC),” the company said in a press release. NACCUD Spokesperson Khaled El Hosseini had told the domestic press the contract was worth USD 31 mn. More than 6,000 cameras will be installed as part of the agreement “to monitor crowds and traffic congestion, detect incidents of theft, observe suspicious people or objects, and trigger automated alarms in emergency situations,” the company said.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2021 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of Commercial International Bank (tax ID: 204-891-949), the largest private-sector bank in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; and Act Financial (tax ID: 493-924-612), the leading activist investor in Egypt; and Abu Auf (tax ID: 584-628-846), the leading health foodmaker in Egypt and the region.