Giga-project, NEOM, is a core pillar for attracting global investment in Saudi Arabia, its Deputy CEO Rayyan Fayez has said. The $9 billion NEOM green hydrogen project is a great example, he said, which is being developed in partnership with Air Products and ACWA Power.

In April, NEOM said it has advanced regional connectivity by enabling a European multimodal land bridge, which facilitates truck-carried freight moving directly from Europe to Egypt and into the Gulf via the Port of NEOM.

Strategically located on the Red Sea and near key inland corridors, the Port of NEOM continues to expand its role as a stable regional hub supporting efficient cargo movement between Europe, Africa, Asia, and the Middle East.

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