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- Farah - News Editor
- Read Time: 2 mins
As of the end of April this year, the cumulative overseas construction orders of domestic construction companies have decreased by 20% compared to the same period last year.
- Farah - News Editor
- Read Time: 1 min
As the world marks World Environment Day, a global celebration of nature and a call to protect our planet, attention turns to an ecological transformation taking place in northwestern Saudi Arabia. NEOM, the Kingdom’s futuristic megacity project, is rapidly becoming a haven for biodiversity — and at the heart of this effort is a renewed commitment to falcon conservation.
- Farah - News Editor
- Read Time: 1 min
NEOM Green Hydrogen Project in Saudi Arabia has reached an 80% construction completion across all sites, the US-based industrial gases company Air Products said.
- Farah - News Editor
- Read Time: 2 mins
As part of its ambition to become an ‘advanced and sustainable port’, the Port of NEOM in Saudi Arabia has welcomed the arrival of the country’s first automated remote-controlled ship-to-shore (STS) and electric rubber-tyred gantry (eRTG) cranes.
- Farah - News Editor
- Read Time: 2 mins
Swvl Holdings Corp a global provider of tech-enabled transport solutions with a current market capitalization of $44.54 million, has announced a three-year contract renewal worth around $4 million, expected to surpass $5.2 million by its conclusion. According to InvestingPro data, while the company holds more cash than debt on its balance sheet, it faces profitability challenges with negative EBITDA of $8.62 million in the last twelve months.
- Farah - News Editor
- Read Time: 2 mins
Saudi Arabia’s first-ever ski resort project is advancing in the desert mountains of NEOM, where developers have now completed excavation of a key tunnel linking future guests to the resort’s centerpiece lake. The milestone was announced this week as part of ongoing construction updates from TROJENA, a high-altitude region within the larger NEOM megaproject, a $500 billion-plus futuristic urban development backed by the Saudi government and the country’s sovereign wealth fund.
- Farah - News Editor
- Read Time: 1 min
The link will span the Strait of Tiran through either a bridge or tunnel. Officials confirmed that technical planning is complete, and implementation will begin soon, fulfilling a vision first introduced by King Salman in 2016.
- Farah - News Editor
- Read Time: 1 min
Although it was originally unveiled by Saudi Arabia’s King Salman in 2016, the bridge is expected to cost around $4 billion, fully financed by the Kingdom and would link Saudi Arabia's Ras Hamid with Egypt's Sharm El-Sheikh, spanning the Strait of Tiran.
- Farah - News Editor
- Read Time: 1 min
Saudi Arabia is ambitiously pursuing the development of several futuristic cities as part of its Vision 2030 strategy, which aims to diversify the economy and position the country as a global leader in innovation and technology. Among these groundbreaking projects, NEOM stands out as a megacity, envisioned to be a hub of advanced technology and sustainable living.
- Farah - News Editor
- Read Time: 1 min
They probably won't.
Saudi Arabia has denied reports that it would lift its long-standing alcohol ban when it hosts the World Cup in 2034. A Saudi official said on Monday that no alcohol would be sold at the tournament in line with existing law. Several media outlets cited unnamed government sources as saying that beer and wine could be available at licensed venues, including luxury hotels, five-star resorts, and major tourist developments.
- Farah - News Editor
- Read Time: 1 min
Saudi Arabia will begin permitting the sale and limited consumption of alcohol in 2026 under a tightly regulated licensing system, as part of its preparations to host major international events, including Expo 2030 and the FIFA World Cup in 2034, Saudi media reported. An alcohol ban has been in place in Saudi Arabia since 1952, prohibiting both citizens and foreigners from consuming alcoholic beverages.
More Articles ...
- Nothing will prevent Saudi success, says UK social media influencer
- Saudi Arabia’s bold vision for smart tourism utilising pioneering technology
- Saudi PIF strengthens leadership with key appointments
- NEOM's Pavilion at Media Oasis Highlights Innovation and Sustainability
- New photos show desert ski resort at world's biggest construction site
- NEOM appoints Eng Aiman Al-Mudaifer as permanent CEO to lead next phase of development
- Saudi Arabia signs deals worth more than $300 billion with US
- NEOM invests $5B in next-generation AI infrastructure
- NEOM won’t produce just hydrogen ― 1,2M tonnes of this toxic, yet extremely-powerful energy
- NEOM Launches 'champions Of Progress' Initiative With Afc Support To Develop Football Community
- NEOM to "start affecting the local weather and climate" warns climate scientist
- Incredible pictures of £375bn 'world's largest construction site' show palace being built
- Saudi Arabia unlocks bold tourism plans for 2030 and beyond
- Baker Botts Supports NEOM Green Hydrogen Project with Innovative Legal Solutions
- Saudi Arabia on track to lead global hydrogen market
- Saudi's PIF raises 2030 assets target to $2.67 trillion after exceeding last year's goal
- NEOM’s acting chief reviews Saudi mega-project after setbacks
- NEOM Club Seeks to Sign José Mourinho
- Akdeniz - A New Turkish dining concept debuts in NEOM
- NEOM Sports Club promoted to Saudi Pro League for first time
- NEOM to welcome 10 studios for largest Level Up accelerator cohort
- Aiman al-Mudaifer to be appointed new NEOM CEO
- Why Saudi Arabia is Becoming a Global Hub for Ultra-Luxury Living
- Saudi NEOM Football Club Begins Negotiations with goaldkeeper Andre Onana for His Signing
- New imagery shows concrete works have started at THE LINE
- TADCO extends MoU with TOPIAN for additional 6 months
- NEOM announces a strategic investment in precision-fermentation biomanufacturing firm Liberation Labs
- Saudi Arabia’s architectural renaissance: Bold, iconic, and deeply rooted in culture
- Saudi Arabia reportedly favouring Türkiye’s Aselsan to provide air defence system for NEOM
- NEOM Launches Recruitment Campaign for Green Hydrogen Plant
- NEOM Green Hydrogen Company announces major recruitment drive
- A look at NEOM’s prehistoric masterpieces etched in stone
- Aligning your brand with Vision 2030
- Saudi Arabia’s inbound tourism spending reaches record $41bn thanks to PIF investments
- NEOM Bay Airport now available from Gatwick, UK
- Spotlight on DEME’s work at Port of NEOM
- Inside NEOM’s inaugural Artists in Residence program
- Luxury hotel chain Equinox signs up for NEOM
- NEOM McLaren Formula E Team Shines at Inaugural Jeddah E-Prix
- Danish logistics partner rues NEOM delays in $100m deal
- NEOM revamps pact with global CEO advisory firm Teneo Strategy
- Turkish engineering firm Yente.com has secured a significant contract for NEOM supplying noise-barriers
- NEOM Costs Estimated at Nearly USD 9 Trillion With Extended Timeline
- Dubai coach reveals how Saudi is using cricket to motivate construction workers at NEOM
- NEOM-backed Volocopter bought by Chinese company
- Saudi Arabia's Vision 2030: Oil to Tech Powerhouse
- NEOM update: piling nearly complete on THE LINE's Module 46
- 35 Chinese companies have opened regional headquarters in Saudi, says Chinese Ambassador to Saudi Arabia, Chang Hua
- Housing demand is on the rise in Saudi Arabia thanks to NEOM
- New Horticulture Innovation Center to be established in Saudi Arabia
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