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.
Saudi Arabia is channeling billions into transformative mega-projects as part of an ambitious plan to position the nation for future global challenges. These projects are expected to reshape the Saudi economy, create countless job opportunities, and enhance quality of life.
So remember to recycle those cans.
A surprising new claim about the amount of steel being used to construct NEOM’s new THE LINE megacity and other satellite developments is being advanced by several regional outlets, which claim the amount equals one-fifth (20%) of the world's current steel production.
Park Hyatt Jaumur and Andaz Jaumur Marina will mark a significant milestone in the expansion of Hyatt's brand presence within the Kingdom of Saudi Arabia and solidify its strategic collaboration with NEOM, a beacon of future living and sustainable luxury.
A$500 billion rewilding effort in Saudi Arabia, which is helping to regreen the desert and reintroduce native species, recently hit a milestone. Arabian Business reported on the rewilding efforts happening at the 9,653-square-mile NEOM Nature Reserve, where conservationists hope to protect 95% of the land.
Several senior executives involved in the NEOM megacity project are facing serious allegations of inappropriate behaviour and racism towards staff at various construction sites. According to a report from the Wall Street Journal, evidence including recorded phone calls has surfaced, revealing that multiple executives made discriminatory remarks against employees.
Diriyah, one of Saudi Arabia’s so-called giga-projects, has agreed deals worth nearly $1bn with European firms and is in talks to attract more foreign capital, its CEO said. The $63bn project is one of the Public Investment Fund’s giant construction efforts aimed at boosting economic growth and diversifying the oil-reliant kingdom’s economy.
Saudi Arabia’s ambitious NEOM megaproject, valued at $1.5 trillion, is not scaling back its plans, according to Economy Minister Faisal Al Ibrahim. Addressing recent speculation at the World Economic Forum’s special meeting in Riyadh, Al Ibrahim affirmed that all projects within NEOM are moving forward at full speed.
NEOM has unveiled Aquellum, which was designed of architecture studios LAVA and NAME inside a mountain and will be centred around a void above an "underwater open square".
Zannier Hotels has announced a partnership with NEOM to develop a new luxury eco-resort in Zardun, one of Magna’s destinations located in the Northwest of Saudi Arabia on the coast of the Gulf of Aqaba.
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.
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