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.
The UAE and Saudi Arabia will lead the region will it comes to investing in the metaverse, with the Middle East to become a “major player” in the online virtual world, a futurist expert told Al Arabiya English. In an interview with Al Arabiya English, Ian Khan, author of ‘Metaverse for Dummies,’ said the region has also seen several firsts in the immersive virtual world, including the first-ever metaverse wedding.
Contractors from across the world are gearing up to submit bids for NEOM’s 60 kilometer corridor that connects THE LINE with the project’s industrial city OXAGON, according to MEED.
Said to be the brainchild of Saudi Crown Prince Mohammed bin Salman, Saudi Arabia is now investing $500 billion in a futuristic metropolis called “NEOM,” to mainly distance itself from its heavy reliance on oil and reduce the country’s reliance on hydrocarbons. NEOM is said to lead the global stage in creating a new model for sustainable living. Its name has a larger meaning according to Al Arabiya with the first three letters “NEO” derived from a Latin word that signifies “new” the fourth character “M” stands for “Mostaqbal,” which in Arabic means “future.”
Saudi Arabia's $500-billion giga-project NEOM has given contractors until July 31 to submit bids for the main works package to a key component of the city. The work is to deliver clusters 3-6 of its Sindalah Island site, including the construction of an ultra-luxury and an upper-upscale resort, according to MEED.
Saudi Crown Prince Mohammed bin Salman has shaken up his conservative kingdom with head-spinning reforms while quashing any threats to his status as de facto ruler -- a role he assumed five years ago. Unlike other Saudi princes with British accents, sharp suits and Oxford degrees, he has embraced the country's Bedouin roots, usually donning a traditional robe and sandals, and treating friends and relatives to lavish roast lamb meals in luxury desert camps.
ENOWA, the energy, water, and hydrogen subsidiary of Saudi Arabia’s $500 billion giga project NEOM, has signed a MoU with Japan's ITOCHU, and France's Veolia to build a desalination plant powered by 100 percent renewable energy in OXAGON.
The energy, water, and hydrogen subsidiary of NEOM, has signed an MoU with Japanese trading company Itochu, and water, waste, and energy management solutions provider Veolia for this project. The entities will collaborate on the first-of-its-kind selective desalination plant which will be located in OXAGON.
Cyberhawk has signed an agreement with Shamal Technologies to digitally transform the way major construction projects are managed in the Kingdom of Saudi Arabia. As part of the agreement, both parties will combine data acquisition and analytics expertise to launch a powerful Visual Intelligence solution for major capital projects in Saudi Arabia.
Saudi Arabia has invited bids for a number of projects in the Eastern region in health, tourism and farming sectors, newspapers said on Wednesday.
Saudi Arabia has thus far been mum as to the new plan’s details but says it will be funded in part through an increase in surplus revenues overseen by the Public Investment Fund, which is managed by NEOM’s CEO Al-Nasr. It is yet unclear whether Bechtel, who previously signed on their servicesfor the then-estimated $500 billion venture’s light rail and utility systems, will remain on for the project’s updated version, wherein Morphosis and designer Thom Mayne will deliver two parallel 1,640-foot-tall structures said to stretch from the Red Sea into the desert ar lengths of up to half a mile.
Diriyah Gate Development Authority (DGDA) today (June 15) broke ground on a mega, multi-level car park being developed in a key heritage site located northwest of Riyadh, at an investment of €840-million ($878 million). On completion, the facility can accommodate upto 10,500 vehicles.
NEOM has awarded drill and blast tunneling contracts for work on the region’s infrastructure, which is considered one of the world’s largest transportation and utility infrastructure projects, and it is an essential element in ensuring NEOM continues to meet its development schedule. Two joint venture groups will undertake the project, which is separated by lower and upper geographies, with the first contract awarded to FCC Construction SA/China State Construction Engineering Corporation/Shibh Al-Jazira Contracting Company Joint Venture (FCC/CSCEC/SAJCO JV).
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