NEOM

The board of directors of NEOM has recently announced the inauguration of Xaynor, an exclusive beachfront members' club, which is a significant addition to the ongoing development in the northwest region of Saudi Arabia. Xaynor is designed to provide a private and serene seafront escape along the untouched shores of the Gulf of Aqaba, promising a blend of luxury and...

In a bold move to attract global investments and boost economic growth, Saudi Arabia has unveiled plans for ten specialized cities within the NEOM megaproject. These cities are each designed to cater to specific sectors such as energy, biotechnology, media, entertainment, and manufacturing. The strategic development aims to establish Saudi Arabia as a dominant player across various industries while simultaneously...

Noha Al-Harthi, the manager for robotics and emerging technologies at NEOM since 2020, is at the forefront of developing state-of-the-art solutions in sectors such as robotics, human-machine interfaces, and computation. Her recent appointment to the NEOM executive committee further solidifies her role in shaping the future of technology within the organization. Al-Harthi leads the charge in NEOM’s public safety department,...

At the helm of tenant attraction for regional investments at Oxagon, NEOM’s burgeoning industrial port city, Ghada Altasan is a driving force behind its industrial manufacturing expansion since the beginning of 2021. Her role involves synergistic efforts with influential entities like the Saudi Industrial Development Fund to roll out strategic programs that cater to the sector's evolving demands. Prior to...

Marriott International has forged a new agreement to introduce its Apartments by Marriott Bonvoy brand to the opulent island retreat of Sindalah, situated on the Red Sea off the northwest coast of Saudi Arabia. Targeting a 2024 opening, Apartments by Marriott Bonvoy will offer guests premium and luxurious apartment-style lodgings. The accommodations will range from studio apartments to spacious one,...

In an announcement that signals continued ambition for Saudi Arabia's special economic zone, Neom's leadership has unveiled a new, audacious project called Aquellum. This development is planned to be seamlessly integrated along the Gulf of Aqaba's coastline, nestled within a towering 450-meter mountain range. Its entrance will be ingeniously hidden, with access provided by an underground canal. Aquellum is conceived...

In the heart of Saudi Arabia, the ambitious NEOM project, valued at $500 billion, has recently revealed its latest high-end offering, the Aquellum mountain resort. Touted as a captivating retreat nestled within a towering 450-meter-high mountain range, Aquellum is set to redefine luxury with its unique approach to guest experiences. Visitors yearning for exclusivity will be intrigued by the world's...

The grand vision for a luxurious mountain retreat, named Aquellum, was recently revealed by the team behind the ambitious NEOM megacity in the northwest of Saudi Arabia. This exclusive visitor complex is the newest venture within the extensive regional development project that spans multiple billions of dollars. NEOM's announcement highlighted the unique blend of state-of-the-art technology, groundbreaking architecture, and innovative...

In the burgeoning northwest region of Saudi Arabia, NEOM's Board of Directors has unveiled their latest project, Aquellum, a high-end and immersive establishment nestled within the mountains. This venture is a testament to the area's continuous evolution and showcases a commitment to utilizing cutting-edge technology, innovative architecture, and progressive ideas to redefine luxurious living. As per the details shared by...

The Ministry of Energy in Saudi Arabia and the futuristic city project NEOM have established a partnership aimed at injecting cutting-edge technologies into the nation's energy industry. This collaboration is marked by the signing of a memorandum of understanding, which is designed to bolster cooperation and craft a strategic approach for evolving the energy sector with contemporary advancements, as reported...

In Saudi Arabia's northwest, the ambitious $500 billion NEOM project progresses with the revelation of Norlana, an innovative active lifestyle community. This newest phase is set to redefine the essence of modern, active living within the region. NEOM has announced that Norlana will be centered around sports, health, and well-being, offering a sustainable and majestic environment for its residents and...

The governance board of NEOM has unveiled their newest venture, a state-of-the-art active lifestyle enclave named Norlana, which is set to enhance the dynamic regional development in northwest Saudi Arabia. Perched along the shores of the Gulf of Aqaba, Norlana offers a distinctive blend of high-end modernity and technological innovation, designed for a limited community of 3,000 residents to experience...

Neom Launches Topian to Achieve Food Security Goals Date palms in Wadi Sharma, Neom. Photo: Neom Neom, the $500 billion futuristic mega-city being built in Saudi Arabia, has launched a new company with a focus on sustainable food production and distribution as the kingdom aims to achieve its food security goals and 2060 net-zero targets. The new company Topian, set...

Neom, located in northwestern Saudi Arabia, is emerging as a leading production and creative hub in the country's business media sector. With the largest soundstages in Saudi Arabia and a total of ten stages set to be operational by mid-2024, including a cutting-edge volumetric stage, Neom is the largest purpose-built production facility in the region. The Neom region, spanning 26,500...

Saudi Arabia is embarking on the ambitious Neom development project, which includes creating a zero-carbon region called The Line. As part of this endeavor, Neom has partnered with Volocopter to introduce electric flying taxis for transportation. The Line aims to be a sustainable city powered by renewable energy, with a focus on green transportation. Neom plans to operate three types...

Saudi Arabia NEOM Investment Fund (NIF) has announced its acquisition of a 6% stake in Technogym, the Italian fitness equipment maker. The investment, totaling €111 million ($120.83 million), establishes NIF as a long-term minority shareholder in Technogym. In a reverse accelerated bookbuilding operation, NIF purchased 8.8 million shares from other investors and entered a derivative solution for the purchase of...