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.
With Saudi Arabia pushing its goal to diversify, the country has been tapping into many sectors that could broaden its economic base. As part of this strategic move, the country’s sovereign wealth fund, the Public Investment Fund (PIF), established The Helicopter Company (THC) in 2018 to meet the growing demand for commercial helicopters associated with the country’s expansive Vision 2030.
Saudi Arabia to build Hydrogen City. It plans 600 tonnes per day and the most futuristic “octagonal plant” (not a city itself). It is not surprising that hydrogen is gaining such prominence, as we have seen it succeed in other instances, such as the hydrogen-powered invention you can put in your home.
Olympic gold medallists Cassandre Beaugrand and Alex Yee (triathletes), Worthy De Jong (3x3 basketballer) and Veddriq Leonardo (speed climber) will be among the 1,000 athletes, coaches and team officials attending NEOM for six dynamic sports events that will commence on November 3.
The torch for the third edition of the Saudi Games 2024 arrived in NEOM on Tuesday, as part of its promotional tour for the largest national sports event in the Kingdom. The event will be held in Riyadh from October 3 to October 17.
Saudi Arabia has launched $1.3 trillion in real estate and infrastructure projects over the past eight years as part of its plan to diversify the economy away from oil and become a more attractive place to live, work and travel.
In a significant move aimed at transforming the travel experience and boosting tourism, Saudi Arabia’s Ministry of Interior recently launched the Smart Gates Project at NEOM Bay Airport. This innovative project represents a collaboration between the General Directorate of Passports, the Saudi Data and Artificial Intelligence Authority (SDAIA), and NEOM.
A powerful partnership to support Saudi Arabia’s hydrogen economy has formed between King Abdullah University of Science and Technology (KAUST), NEOM’s Education, Research, and Innovation Foundation (ERIF) and ENOWA.
Saudi-listed Abdul Mohsen Al-Hokair Group for Tourism and Development disclosed additional details of significant contract with Alfa Facilities and Contracting Company, a subsidiary of the Alfanar Group, to provide accommodation/catering services for a residential complex in the NEOM giga-project, located in the north-west of the Kingdom.
Saudi Arabia's Construction Equipment Market was estimated at 35,329 units in 2023, and is expected to reach 49,690 units by 2029, rising at a CAGR of 5.85%.
In their search for sponsors for the club, the board of directors of FC Barcelona reportedly met with representatives from NEOM, a large urban project in Tabuk, Saudi Arabia, in mid-July. This news was shared by Arab media, like @forcabarca_ar.
Operations include a CMA CGM scheduled liner service, general cargo facilities, storage, and passenger services. More than SAR7.5bn ($2.025bn) has been committed to the new port’s development so far. It will provide a key entry point for goods and materials required for the development of the City of NEOM, Saudi Arabia’s vast new city of the future.
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