Japan’s Terra Drone gets $14M lift from Saudi investors
Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures, the venture capital arm of Saudi Aramco, marking the VC firm’s first investment in Asia. The Japan-headquartered company, which builds drone software,...
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NEOM MCLAREN FORMULA E TEAM GEARS UP FOR THRILLING DIRIYAH E-PRIX
The NEOM McLaren Formula E Team is aiming to continue its strong start to the ABB FIA Formula E World Championship season at the Diriyah E-Prix this weekend.
In the season opener in Mexico City two weeks ago, Jake Hughes and René Rast took to the...
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NEOM Will Be Model for New Economy Modern Projects, Cities - NEOM CEO Nadhmi Al-Nasr
NEOM will be a model for modern projects and cities that represent the focus of the new economy, said CEO Nadhmi Al-Nasr. It will do so by embracing many different companies and industries while attracting qualitative foreign investments.  Al-Nasr...
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NEOM is a gift from Saudi Arabia to humanity - Nadhmi Al-Nasr, CEO of NEOM
Al-Nasr made the remarks in 2nd Municipal Investment Forum “FURAS”. He added NEOM will be producing clean energy by 100% on a large scale sufficient to supply NEOM with all its needs, to reach net-zero carbon emissions.  The NEOM project...
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NEOM’s OXAGON will open futuristic YOTEL hotel, with robot concierge in 2025
NEOM in Saudi Arabia will be home to the Kingdom’s first Yotel hotel, it has been announced. Yotel will open the doors on the NEOM property in 2025 at the OXAGON development in Saudi Arabia. It will be the first hotel in OXAGON, which will be the home...
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The Vault - a folded village - is being built at TROJENA
NEOM has unveiled The Vault, a hyper-modern village built vertically (as opposed to THE LINE – the project’s world-changing linear city). To save space, The Village folds in on itself, tucked inside a hollowed mountain in the TROJENA area. The revolutionary...
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East Pipes secures $151.7 million contracts from NEOM
East Pipes Integrated Co announced in a statement that it has signed multiple contracts with NEOM with total value of the contracts worth about $99.3 million. The scope of works includes supplying of steel pipes for water transmission lines, and...
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