- Farah - News Editor
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Piling is nearing completion at Module 46 (M46) of THE LINE at NEOM, the ambitious linear city being built in northwestern Saudi Arabia, according Giles Pendleton, Chief Operating Officer of THE LINE.
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.
Piling is nearing completion at Module 46 (M46) of THE LINE at NEOM, the ambitious linear city being built in northwestern Saudi Arabia, according Giles Pendleton, Chief Operating Officer of THE LINE.
Thirty-five Chinese companies have opened regional headquarters in Saudi Arabia, a move aimed at increasing investments. Chinese Ambassador to Saudi Arabia, Chang Hua, said in exclusive statements published by the Saudi newspaper Al-Eqtisadiah yesterday.
The property market in Saudi Arabia is booming. The appeal of the Saudi kingdom has been boosted in recent years thanks to the NEOM megaproject, located in north-west Saudi Arabia and comprising various areas of activity such as THE LINE, OXAGON, TROJENA, Magna and Sindalah.
Saudi Greenhouse Management and Agri Marketing Co. (SGH), a leader in agricultural infrastructure and marketing, is partnering with Topian, the NEOM food company working to future-proof food systems, to establish the Horticulture Innovation Center (HIC) at the University of Tabuk. This advanced facility will serve as a hub for education and innovation in the horticultural sector, supporting Saudi Arabia to develop local talent and advance controlled-environment agriculture.
As a shorthand for the past decade of Saudi politics, the Vision 2030 project encompasses several interlocking processes: the personalization of political power around Crown Prince Mohammed bin Salman (MBS), the rewiring of the Saudi administrative state to ensure more effective policy implementation, the relaxation of long-standing social restrictions, a concerted effort to diversify the kingdom’s oil-dependent economy, and the stern repression of any public dissent (outside of carefully controlled channels).
BAAN Holding Group Co. ceased its partnership with Newrest Catering Services Co., a joint venture (JV) formed to provide catering and hospitality services, in which the former held a 50% stake. In a statement to Tadawul today, March 3, BAAN Holding explained that under the move, it assumed full operational control of all catering projects.
Egypt has planned to establish a massive megacity ‘Ras El-Hekma’ on its Mediterranean coast. This megacity will be equipped with all modern amenities. The project is expected to cost around 118 billion British pounds. Egypt has struck a deal with the United Arab Emirates (UAE) to realize its dream of the megacity.
The Ministry of Environment, Water and Agriculture and NEOM have discovered eight native plant species that were not previously recorded in the Kingdom, the Saudi Press Agency reported on Wednesday. This discovery is part of the NEOM flora program, which aims to protect 95 percent of natural lands and restore and document the region’s unique biodiversity.
Hassan Allam Holding, a leading engineering and construction group in the region, has announced that one of its key subsidiaries, Hassan Allam Roads & Bridges, has been awarded the roads and paving works contract for the Port of NEOM in Saudi Arabia's mega futuristic city.
Doroni Aerospace, a US developer of electric vertical take-off and landing (eVTOL) aircraft, last week secured an additional $150 million from a Saudi investor. The investment came only days after the company announced an initial $30 million deal with Kingdom Aero Industries (KAI).
At NEOM’s state-of-the-art film facilities, Saudi Arabia’s mega-project is positioning itself as a major hub for international filmmakers, with dozens of productions already completed and more in the pipeline. Nestled just one kilometer from the Red Sea, NEOM’s sprawling media facilities represent Saudi Arabia’s ambitious push into the global entertainment industry.
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