NEOM to host world’s largest renewable hydrogen project
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.
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NEOM announces the inauguration of NEOM Investment Fund alongside new investments across next-generation and clean industries
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.
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NEOM and DSV establish US$10 billion logistics joint venture
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.
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HRH Prince Mohammed bin Salman announces THE LINE at NEOM
His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced THE LINE.
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Discover NEOM KSA Tour Kicks off in Jeddah
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.
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NEOM secures SAR 3bn in debt financing from Riyad Bank for the development of Sindalah
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.
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NEOM reveals Magna
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.
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HRH Prince Mohammed bin Salman announces Sindalah, NEOM’s first island development
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.
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TABUK FISH AND NEOM DEVELOP MENA REGION’s LARGEST FISH FARM
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.
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NEOM and Samsung C&T commit to world’s largest deployment of rebar construction automation technology
NEOM, the sustainable development taking shape in the northwest of the Kingdom, has signed a joint venture (JV) agreement with Samsung C&T Corporation, to unlock an initial investment of more than SAR 1.3 billion in construction robotics. The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi Arabia.
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NEOM Investment Fund ventures into automated robotic technology
NEOM, the sustainable region taking shape in northwest Saudi Arabia, has signed a landmark investment agreement with GMT Robotics, one of Europe’s emerging innovators in advanced construction technology.
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NEOM establishes SAR 700 million concrete factory for THE LINE
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.
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NEOM Accelerates Progress Towards Green Hydrogen Future
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.
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NEOM Tech & Digital Holding Company and OneWeb sign a JV
OneWeb Low Earth Orbit (LEO) satellites to service NEOM, the Kingdom and MEA, transforming connectivity to businesses and rural communities.
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NEOM Board of Directors showcases progress with opening of Sindalah, a new luxury travel destination in the Red Sea
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.
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NEOM and Volocopter: First Electric Air Taxi Flight in Saudi Arabia
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.
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HRH Prince Mohammed bin Salman announces TROJENA, the mountains of NEOM
His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, announced today the establishment of TROJENA.
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HRH Prince Mohammed bin Salman announces Oxagon
His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced the establishment of OXAGON.
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