NEOM News Room

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.

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Isam Kabbani & Partners Co. (UNITECH)
Isam Kabbani & Partners Co. (UNITECH)
UNITECH is a proud Saudi company providing building and construction…
Proximity Automation Inc
Proximity Automation Inc
We are specialized in the supply of equipment and spare parts for oil…
 Energy & Water
Global Business Solutions Co LTD (GBS)
Global Business Solutions Co LTD (GBS)
NextGen Cyber Security Solutions, Cloud Solutions and Services, NextGen…
Wintercorn
Wintercorn
We are Joomla! and WordPress specialists with clients across the U.K.,…
CIBTvisas
CIBTvisas
CIBTvisas supports the business community with their global entry…
Solid Home Buildings
Solid Home Buildings
Solid home building is a contracting company was established in 2020.…
MAKHATHEM INTERNATIONAL CO
MAKHATHEM INTERNATIONAL CO
ADGREENCOAT is a globally patented coating system which saves energy…
Marchetti Tech srl
Marchetti Tech srl
Manufacturer of high-tech paints for the protection of surfaces and…
National Takanah Co Ltd (Takanah)
National Takanah Co Ltd (Takanah)
National Takanah Co. Ltd (Takanah) is a unique trademark that founded…
Mike Fields Sculptures
Mike Fields Sculptures
High-end contemporary sculpture for residential and commercial properties.

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South Korea and Saudi Arabia will sign 51 deals and memorandums of understanding (MOU) worth a total of US$15.6 billion on the occasion of South Korean President Yoon Suk Yeol's state visit to the Arab country, his office said Sunday.  The agreements will be signed on Sunday and Monday during a bilateral investment forum, a ceremony marking 50 years of construction cooperation between the two countries, and following a summit meeting between Yoon and Saudi Crown Prince Mohammed bin Salman, according to senior presidential secretary for economic affairs Choi Sang-mok.

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The second edition of the annual event will take place from October 21 to November 24, with more than 800 athletes and staff members from around the world set to compete across the five sports of triathlon, beach soccer, 3×3 basketball, mountain bike racing and sport climbing.  The programme is built on innovative sporting formats with a splash of adventure. This tallies with the bold ambition of a destination branding exercise that will ultimately aim to elevate sporting reputations in the Kingdom to unprecedented heights.

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NEOM have unveiled their latest destination - Leyja.

Set on the breathtaking Gulf of Aqaba, our stunning natural oasis is shaped by time, history and mythology. It will provide a backdrop for extraordinary life moments. A place to stimulate the senses, unwind and recharge. Visionary architecture in serene surroundings. Visitors will discover unforgettable experiences in complete harmony with nature. Leyja will allow people and planet to connect deeply.

NEOM Progress Update!
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This video is the latest film in an ongoing series showing key milestones and progress in the development of NEOM. Stay tuned for future updates.

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Energy firm NEOM Green Hydrogen Co. is considering investments and potential expansions across Saudi Arabia and beyond, a top official has revealed.  In an interview with Arab News on the sidelines of the Middle East and North Africa Climate Week in Riyadh, the company’s CEO, David Edmondson, discussed the energy transition journey in the MENA region, highlighting that a facility is slated to begin full-scale production of green ammonia by the end of 2026.

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Saudi Arabia is expected to spend more than $175 billion annually on industrial and mega projects between 2025 and 2028 as the Kingdom’s construction boom kicks into full gear, according to McKinsey & Co.  With about $1.3 trillion of major projects in the works, such as the high-tech new city of NEOM and the Red Sea resorts off the Kingdom’s west coast, spending is expected to peak at as much as $180 billion in 2026 and 2027, the consultancy said in a report.

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SIBS, one of the world’s leading companies in modular construction technology company, has been awarded a new contract to deliver an additional 1,300 apartments to a large-scale residential project in NEOM, a new city coming up in northwestern Saudi Arabia. SIBS is the sole supplier chosen for this project and this is the second order for SIBS to NEOM in less than four months, the company said.

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