NEOM has today announced the inauguration of its strategic investment arm, the NEOM Investment Fund (NIF) , NEOM’s wholly owned subsidiary which is set up to support the buildout and development of NEOM’s 14 priority sectors and deliver long-term value while enabling creation of jobs in NEOM.
NEOM and DSV announce a US$10 billion exclusive logistics joint venture to support the development of the ambitious projects taking shape in NEOM, Saudi Arabia. The partnership will focus on providing logistics services for NEOM in the coming years.
The new green hydrogen project in NEOM is the first step in creating a new industry in NEOM and the Kingdom, creating jobs and contributing to economic growth and diversity.
His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced THE LINE.
NEOM has kicked off its Discover NEOM KSA tour in Jeddah, where it organized meetings with local investors, potential business partners and stakeholders from multiple industries.
NEOM has signed an agreement with Riyad Bank for SAR 3 billion in debt financing to help fund the development of Sindalah, marking the first NEOM region to be successfully financed with bank debt.
NEOM, the sustainable regional development in northwest Saudi Arabia, has outlined a clear path towards the at-scale production of green hydrogen in NEOM for the global market.
His Royal Highness Mohammed bin Salman, Crown Prince, Prime Minister and Chairman of the NEOM Company Board of Directors, has announced the development of Sindalah, the first luxury island destination in NEOM and one of the most important projects supporting Saudi Arabia’s national tourism strategy.
The Board of Directors of NEOM has today revealed the development of Magna, its luxury lifestyle coastal destination. Part of NEOM’s regional sustainable tourism portfolio, Magna is situated on the stunning Gulf of Aqaba coastline and comprises the recently announced premier destinations of Leyja, Epicon, Siranna, Utamo, Norlana, Aquellum, Zardun, Xaynor, Elanan, Gidori, Treyam and Jaumur.
NEOM Company and Tabuk Fish Company signed a Memorandum of Understanding aimed at expanding local aquaculture production and applying the new generation of aquaculture technologies in the NEOM region.
NEOM, the sustainable region progressing rapidly in northwest Saudi Arabia, has announced a partnership with Asas Al-Mohileb to establish and operate a SAR 700 million ready-mix concrete facility. The multi-plant factory, dedicated to producing concrete, will mainly service the construction of THE LINE, the linear city currently under development in NEOM.
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, and Volocopter, the pioneer of urban air mobility (UAM), announced today the successful completion of a series of air taxi test flights.
OneWeb Low Earth Orbit (LEO) satellites to service NEOM, the Kingdom and MEA, transforming connectivity to businesses and rural communities.
Sindalah, the luxury island destination and first physical showcase of NEOM, has been unveiled by the NEOM Board of Directors. First announced by His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Board of Directors in December 2022, Sindalah’s opening marks an exciting milestone in NEOM’s progress.
His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, announced today the establishment of TROJENA.
His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced the establishment of OXAGON.
