Saudi Arabia’s Red Sea Global (RSG), the developer behind The Red Sea and Amaala giga projects, has purchased a fleet of electric buses to deliver its sustainable, smart and seamlessly integrated transport network across The Red Sea project, the...
Saudi Arabia’s gigaprojects are ramping up to award $569bn-worth of contracts between 2021 and 2025. According to MEED’s Saudi Gigaprojects report, the total will be a step change for the regional projects market as it will dwarf the $172bn-worth...
Allen & Overy has advised NEOM, the smart and sustainable regional development project in northwest Saudi Arabia, in connection with a USD 175 million Series E investment in Volocopter. NEOM will take a significant equity stake in the...
Many large Korean construction companies are moving to get a piece of the action as Saudi Arabia wants to partner with Korean builders in promoting the NEOM City project. Yet, DL E&C, the No. 3 player in the Korean construction market,...
The unofficial "richest man in the world" and the de facto leader of Saudi Arabia's choice of lodging during his stay in South Korea is garnering attention with his extravagant decision to stay in a suite room that goes for 22 million won ($16,449) a...
Saudia is the only airline offering commercial service to the airport — the airport first got domestic service as of June 2019, and then international service started in June 2022.