Projects

The NEOM Board of Directors has recently declared the launch of Gidori, a new private golfing enclave that is poised to redefine luxury living in the heart of northwest Saudi Arabia. Nestled within the stunning hillscapes bordering the Gulf of Aqaba, this secluded community promises an unparalleled lifestyle infused with opulence and recreation. Gidori stands out with its majestic architecture...

The Communications, Space and Technology Commission (CST) has recently issued a significant license to TONOMUS, a digital technology firm within the futuristic NEOM project. This Wholesale Infrastructure Services License spans all categories and is set to revolutionize the provision of cutting-edge technologies and sophisticated digital infrastructure in NEOM. The granting of this license signals a strategic move to foster a...

The Qiddiya Investment Company has revealed plans for a new, avant-garde racetrack situated within the environs of Qiddiya City. This circuit is set to redefine the realm of motorsport within Saudi Arabia by positioning itself as a premier global destination for racing aficionados.The circuit, named the Speed Park Track, melds practical design with cutting-edge technology, promising an unparalleled customer journey....

The inaugural segment of Saudi Arabia's visionary urban project, The Line at NEOM, is anticipated to reach completion in the year 2030, as per a top official involved with the initiative.A recently shared progress update video from NEOM features Chief Development Officer Denis Hickey affirming the project's commitment to achieving its bold development milestones.Hickey remarks, The first phase of The...

Executives from Saudi Aramco have indicated the company's readiness to issue extended-term bonds, potentially with maturities of up to 50 years, eyeing a 2024 launch when market conditions are favorable. Ziad Al-Murshed, who oversees new business development at the oil giant, highlighted the company's preference for long-term strategies during the third Saudi Capital Market Forum.Al-Murshed emphasized the goal of smoothing...

In a strategic move to bolster its international presence, NEOM, Saudi Arabia's ambitious $500 billion business and tourism initiative, has inaugurated its first United States office. The new outpost is situated in the bustling business district of Manhattan at 50 Hudson Yards, New York City. The grand opening was graced by the presence of Saudi Arabia's ambassador to the United...

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...

The Qiddiya Investment Company's board has announced the creation of a state-of-the-art stadium in Qiddiya City, designed by the American firm Populous. Named after Prince Mohammed bin Salman, the venue is to be constructed atop a cliff, offering a panoramic view of the new entertainment hub. Slated to open its doors in 2025, the Prince Mohammed bin Salman Stadium will...

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...

In the burgeoning metropolis of Qiddiya near Riyadh, the Qiddiya Investment Company, supported by Saudi Arabian funds, has announced its ambitious project: the Prince Mohammed bin Salman Stadium. This state-of-the-art sports and entertainment facility is set to accommodate 45,000 visitors and aims to become a pivotal venue for the nation's premier cultural and major sporting events. Perched atop a cliff,...

Saudi Arabia has made headlines by disclosing plans for a state-of-the-art stadium perched atop a 200-meter cliff near the nation's capital, Riyadh. The proposed 45,000-seat arena, featuring a retractable roof and playing field, aims to offer fans a captivating and engaging experience with extensive LED screens enveloping the venue. The stadium, which will bear the name of Prince Mohammed bin...

Riyadh's Newest Architectural Marvel: A High-Tech Stadium on a Cliff The Kingdom of Saudi Arabia has taken the wraps off an ambitious project, a state-of-the-art stadium perched atop a cliff 200 meters above the ground, near its capital city of Riyadh. This futuristic venue is intended to be one of the highlights of the 2034 FIFA World Cup, assuming the...

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...

Throughout 2023, Saudi Arabia solidified its position on the global stage, showcasing a series of accomplishments across the technology, tourism, diplomatic, entertainment, and sports sectors. The Kingdom's strategic economic diversification and expansion were evident as it hosted prominent figures and events, marking a year of significant achievement. The past year saw Saudi Arabia welcome a constellation of celebrities, athletes, and...

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...

Saudi Arabia is planning to construct a mixed-use gaming and e-sports district as part of its Qiddiya City entertainment project. The 500,000-square-meter district aims to host up to 25 e-sports teams and serve as the regional headquarters for over 30 video game companies. It also intends to attract 10 million visitors annually by 2030, contributing to Qiddiya City's goal of...

Qiddiya, one of Saudi Arabia's five giga projects, recently revealed the details of its ambitious development. The first phase of Qiddiya City will be dedicated to play and centered around entertainment, sports, and culture. Located near Riyadh, the city boasts stunning views of the Tuwaiq mountains. With attractions such as a gaming and esports district, a speed park track, golf...

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...