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Press Release01 February 2022Siemens AGRiyadh
SABB signs agreement with Siemens to provide smart building technology for SABB’s new tower

“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 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.”
Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.In fiscal 2021, which ended on September 30, 2021, the Siemens Group generated revenue of €62.3 billion and net income of €6.7 billion. As of September 30, 2021, the company had around 303,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Reference Number: MEPR20220613451EN