- Farah - News Editor
Crown Prince and Prime Minister Mohammed bin Salman has designated “King Salman Automotive Cluster" as the official name of the cluster for automotive manufacturing activities, located within King Abdullah Economic City (KAEC).
- Farah - News Editor
In particular, new information has emerged about the construction of this urban wonder with a length of 170 km and a height of 500 m. At the forum, a representative of the project announced that this year the laying of the foundations of the first stage of the “reclining skyscraper“ will begin and specified when the first residents will appear.
- Farah - News Editor
So no flying taxis then. Let's hope the robot dinosaurs make it though.
The dream of flying taxis just hit a big roadblock. Volocopter, a German company making electric air taxis, has gone bankrupt. Over 10 years, the company raised $544 million from investors like Saudi Crown Prince Mohammed bin Salman, Mercedes-Benz and Intel. However, the company struggled to secure the additional funding needed to stay operational and filed for bankruptcy.
- Farah - News Editor
Research into new types of concrete, such as those that combine plastics, fine sand, seawater, and construction waste, has been announced by a team headed by Saudi Arabian developer NEOM. The NovusCrete consortium will search for methods to lessen concrete's negative effects on the environment while simultaneously lowering costs, extending its lifespan, and making recycling it easier.
- Farah - News Editor
THE LINE is set to begin vertical construction by the end of 2025, marking a crucial phase in the development of the NEOM mega-project, news outlet NEMNNA reported on January 29.
- Farah - News Editor
Updates have been provided on the four main projects that make up the Saudi Arabian gigaproject NEOM with executives revealing they are all underway, but that flagship linear city the Line will take around 100 years to complete and populate.
- Farah - News Editor
NEOM has announced the successful closing of a landmark export credit agency (ECA) financing transaction, with Italy’s SACE, securing approximately USD 3 billion under a long-term multicurrency untied facility. The deal, which marks NEOM's first corporate ECA financing and the largest untied financing ever guaranteed by SACE, will support various projects across NEOM and is backed by a syndicate of nine prominent international banks – HSBC, Banco Bilbao Vizcaya Argentaria, Bank of China, Crédit Agricole CIB, Agricultural Bank of China, Citi, China Construction Bank, J.P. Morgan and Bank of America.
- Farah - News Editor
Thanks to His Royal Highness Crown Prince Mohammed bin Salman’s Saudi Vision 2030, which aims to put the country on the tourism map, the kingdom is home to some of the region’s most impressive developments and Saudi Arabian megaprojects are creating blockbuster headlines.
- Farah - News Editor
Tucked within Saudi Arabia’s Hejaz mountains, the Desert Rock Resort is a new eco-tourism development crafted by the Global Oppenheim Architecture practice, which worked closely with the Saudi developer Red Sea Global (RSG) as part of the Kingdom’s Red Sea Project. In homage to the ancient Nabataean civilization, the architecture of the resort sinks into its rugged surrounding, almost camouflaged, nurturing a timeless appreciation for nature.
- Farah - News Editor
Dennis Hickey, Chief Development Officer of NEOM, provided a detailed update on the progress of the Saudi mega-project during a presentation at NEOM House in Davos, Switzerland. Particular attention was given to THE LINE, a 170-km-long, 500-m-high linear city designed to redefine urban living.
- Farah - News Editor
NEOM and the National Technology Development Program have launched a strategic partnership to advance the growth of the Web3 ecosystem in Saudi Arabia. Leveraging their combined strengths and resources, the collaboration will establish comprehensive accelerator programs designed to support selected startups with mentorship, funding opportunities and vital industry connections.
More Articles ...
- Saudi Arabia will be hosting the 2034 Fifa World Cup at NEOM
- NEOM and NTDP Launch Business Accelerators to Advance the Web3 Ecosystem in Saudi Arabia
- Pioneering change: NEOM report spotlights the remarkable story of women’s football in the Kingdom
- KAUST Launches Groundbreaking Research to Cut Carbon Emissions
- ENOWA and HRS Launch Saudi Arabia’s First Heavy-Duty Hydrogen Refueling Station
- Gigantic $5bn lake being built in futuristic 'megacity' that will cost an enormous $1.5tn
- Saudi Red Sea: Hidden Gems Amongst 1,800 Kilometres of Pristine Coastline Await Travellers
- Saudia Airline Launches New Weekly NEOM Bay to London Gatwick Flights in April 2025
- Mayar subsidiary Saudi Drip Irrigation Co enhances contract with NEOM by SAR 2.3M
- 134 endangered species released into NEOM Nature Reserve
- Vantage Markets and NEOM McLaren Celebrate Three Years of Collaboration with Festive Greetings Video
- Saudi Arabia’s deep tech startup ecosystem thrives with focus on AI and IoT, fueling Vision 2030
- Enowa and HRS Install and Operate Hydrogen Refueling Station in NEOM to Advance 100% Sustainable Mobility System
- KSA’s mega leap and cooperation with Pakistan
- Saudi Arabia estimates 2025 budget funding at $37bn expanding funding for Vision 2030 projects such as NEOM
- Chinese-Polish Joint Stock Shipping Company Chipolbrok launches new MPP liner service to the Arabian Gulf including NEOM
- Recent Positive Developments in the Saudi Arabia Crawler Excavator Market
- Vishal Wanchoo : NEOM Port to Redefine Global Trade
- Qatar Airways is doubling flights to NEOM this winter
- Korean builders surpass $1 trillion in overseas construction deals - nearly half from Saudi Arabia
- Al Jouf Cement’s ‘green’ cement approved for NEOM projects
- OXAGON the £1.2tn megacity to reach major milestone as massive new port finally open
- MEWA and NEOM Announce Discovery of Eight Previously Unrecorded Native Plant Species in Saudi Arabia
- Rumbaza promises a Mexican twist to NEOM’s dining scene
- The crazy jobs on offer in Saudi Arabia's £803bn mega-city NEOM
- NEOM Media partners with global game publishers to boost Saudi startups
- NEOM partners with GMT Robotics to revolutionize construction
- NEOM to host FIFA World Cup 2034 draw as Saudi Arabia gears up for a historic tournament
- NEOM Media Hub Partners With Hakawati Entertainment on Nine Picture Deal
- UK-Saudi project set to create more than 1,000 jobs in Greater Manchester
- Spanish group Lantania lands NEOM biosolids plant contract
- Saudi Arabia Opens World’s Longest Driverless Transit System
- Topian opens first climate-resilient greenhouse in OXAGON
- Why NEOM Might Be The Future of Sustainable Cities
- Saudi Hotel Market Projected to Reach USD 15.4 Billion by End of 2024
- Saudi Arabia approves tourism projects worth $932m for Al Ahsa
- Vision 2030 Represents a Bold and Transformative Shift in the Kingdom’s Economic Landscape
- NEOM is a “generational investment” with an extended timeline, Saudi Investment Minister Khalid Al Falih says
- Saudi finance minister confirms all projects, including NEOM, have secured funding until 2030
- Alstom signs £63.5M railway support agreement with Saudi Railway Company
- Saudi Arabia's NEOM a 'generational investment,' says Minister Khalid al-Falih
- Archaeologists discover 4,000-year-old advanced city in Saudi Arabian desert built by 'utopian' civilization
- Wonkang Co., Ltd. enhances global market reach with strategic visit to Saudi Arabia
- 73 Villa Luxury Resort With ‘Living Orbs’ Opens on Saudi’s Red Sea
- Diriyah Company breaks ground on seven luxury hotels totalling 877 rooms
- NEOM’s TROJENA Project: The Fulfillable Dream
- NEOM’s TROJENA Project: The Fulfillable Dream
- Webuild reports no hiccup on NEOM activities after departure of Nadhmi al-Nasr
- Turkish construction giants compete for NEOM Bay Airport contract
- NEOM welcomes world-class developers to bring THE LINE to life
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