We like to keep up with news and events in NEOM, Saudi Arabia and the surrounding area. Here are some of the news sites we read regularly.
Inbound tourism spending in Saudi Arabia increased to a record SR153.61 billion ($40.95bn) in 2024 as the kingdom invests in its travel and entertainment offering. From Qiddiya to NEOM, Saudi Arabia is creating a host of giga-projects and attractions as part the Public Investment Fund’s (PIF) Vision 2030. This aims to diversify the economy and reduce the kingdom’s reliance on oil.
For second-tier airports in southeast England, the airlines’ summer season has begun with a bonanza of new routes.
DEME, working alongside the international marine construction group Archirodon in a consortium, was very busy last year pushing ahead with the second phase of transformation work for the Port of NEOM, the Duba Port expansion project in Saudi Arabia.
What does art have to do with the creation of a futuristic city in the middle of the desert? According to Michael Lynch, the head of the entertainment and culture sector at NEOM — Saudi Arabia’s $500 billion megaproject — it has a vital role to play.
Equinox is joining Crown Prince Mohammed bin Salman of Saudi Arabia in dreaming of a desert paradise as the company announces plans for a resort in NEOM, the kingdom's utopia project. The luxury accommodations promise to feature high-end restaurants, a pool the length of 9 Olympic-sized courses, a floating bridge suspended 40 meters above a lagoon, and, of course, a signature Equinox gym.
The NEOM McLaren Formula E Team delivered a stellar performance at the inaugural Jeddah E-Prix with both drivers, Taylor Barnard and Sam Bird, showcasing their racing prowess on the challenging Saudi Arabian Jeddah Corniche Circuit which made its debut to the Formula E calendar this year for rounds 3 and 4 of the ABB FIA Formula E World Championship, with previous Saudi Arabian E-Prix held in Riyadh.
Denmark’s DSV A/S, one of the world’s largest freight and logistics companies, said that expected profit from a $10 billion joint venture with Saudi Arabia’s state-backed NEOM will be slower in coming than previously forecast due to delays in the so-called giga-project.
Saudi Arabia’s NEOM mega-city project has revamped its communications contract with Teneo Strategy. The global CEO advisory firm will now provide its services on an as-needed basis.
Turkish engineering firm Yente.com has secured a significant role in Saudi Arabia's ambitious mega-project NEOM, supplying noise-cancelling barriers for the futuristic city known as "THE LINE."
Saudi Arabia’s NEOM project is now expected to cost nearly USD 9 trillion and take over five decades to complete, according to an internal audit presented to NEOM’s board of directors last summer.
It was only a few days ago that news about a proposed Saudi Arabia-backed T20 league emerged, a highly ambitious plan which the experts believe could change the global cricketing landscape. A Sydney Morning Herald report said Saudi is planning a $500 million cricket league featuring eight teams that could play in four different cities around the world.
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