Aviation experts and leaders will gather from all over the world to attend the Future Aviation Forum, a two-day event to showcase the advancements in international air travel, even as Saudi Arabia aims to generate $100 million from the aviation sector by 2030.
Carved into the Sarawat mountain ranges, the futuristic mega-development named TROJENA is set to become Saudi Arabia’s top tourist destination. Scheduled to be completed by 2026, the major development project is part of NEOM, the country’s multi-billion-dollar smart city, and will be powered entirely by renewables.
NEOM Green Hydrogen Company’s board announced on Sunday the appointment of David Edmondson as Chief Executive Officer of the company, one of the recently launched companies that are accelerating the impressive progress already made by the giga-project in the northwest of Saudi Arabia.
NGHC is a joint venture between NEOM, ACWA Power and Air Products to build a world-scale, green-hydrogen-based ammonia production facility powered by renewable energy. NGHC will establish the green hydrogen facility, which will be the first of several similar plants expected to make it a hub for green hydrogen production going onstream in 2026. NEOM will use the green hydrogen it produces to fuel clean, autonomous electric vehicles, among other solutions.
TROJENA is situated in the center of NEOM, 50 kilometers from the Gulf of Aqaba coast, in a region characterized by a mountain range with the highest peaks in Saudi Arabia at approximately 2,600 meters above sea level. TROJENA aims to change current perceptions of visitors and residents about the services that can be provided by mountain resorts, through its exceptional design, advanced architecture and technology that integrates reality with the virtual world.
Tourism professionals from around the world will return to Dubai next week when Arabian Travel Market, the leading event for the travel industry in the Middle East, returns to the Dubai World Trade Centre on Monday, 9 May.
Our reliance on technology grows more by the day, more efficient and saving time we can no longer imagine a world without technology. Sure, technology saves time and produces better results but is it taking over our lives in a way we are no longer able to control? With the growth of smart cities around the region technology is here to stay. Once upon a time, it seemed like a far-fetched fantasy on your TV but now technological advancement no longer surprises.
Young Saudis eager to do their bit to transform their country into a technology hub can access a wide range of tailored initiatives by the Saudi government and local institutions. One of them is the Entrepreneurial Emerging Leaders Acceleration Program, launched by the King Fahd University of Petroleum and Minerals Entrepreneurship Institute (KFUPM-EI) in Dhahran, Eastern Province, to drive growth in local technology-based startups.
More than 700 US business, sustainability, and investment leaders attended a series of showcase events to highlight the development of NEOM, the $500 billion project owned by Saudi Arabia’s Public Investment Fund, according to the project’s CEO. The “Discover NEOM” events followed on from a similar exercise in London last year.
More than $500 billion will be invested, with money coming from the Kingdom’s Public Investment Fund as well as private businesses.
Saudi Arabia's $500-billion gigaproject, NEOM, is expected to issue the request for qualification for contracts related to the high-speed rail scheme THE LINE project, Meed reported. Within the next two months the future city that is currently in the development phase in Saudi Arabia, will issue the request, which will be handled in two packages; Package A and Package B.
NEOM has concluded a series of 'Discover NEOM' events with investors and business partners in the United States as part of its ongoing efforts to highlight the project’s latest developments and explore investment opportunities. Nadhmi Al-Nasr, CEO of NEOM, said: "We came to the United States to explore the significant market opportunities that NEOM presents to American corporations, to showcase the great progress NEOM has made and to discuss how we can best support the collaborative international effort to address global challenges."