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The latest NEOM news for 08 April 2024

The latest NEOM news for 08 April 2024

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‍Here is the latest news about NEOM for 08 April 2024.


Nadhmi Al-Nasr to showcase NEOM at Hong Kong investor roadshow

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The man in charge of a showpiece project of Saudi Arabia’s plan to diversify its economy away from oil will bring a roadshow to Hong Kong inviting investors to back the ambitious development.  Nadhmi Al-Nasr, the chief executive officer of...


650km-long Saudi-Kuwait railway to be completed by 2028

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The 650km-long railway network connecting Saudi Arabia to Kuwait is estimated to be completed by 2028. The network will shorten travel time to two hours.  The railway will start from Al Shaddadiya in Kuwait and pass through Riyadh city, according...


Saudi Arabia jumps up the rankings for foreign investors and seeks $100bn for bold projects

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The UAE and Saudi Arabia made big jumps this year in an influential ranking of the world’s most desirable places for foreign investors to put their money. Kearney’s 2024 Foreign Direct Investment Confidence Index placed the UAE in eighth place globally...


The Most Notable Saudi Painters Who Paved the Way for Saudi Art

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A selection of some of the most well-known Saudi painters appears here; these individuals have worked hard to enhance the Kingdom’s artistic landscape throughout the years. One of the focuses of the trends that the Saudi government focused on was breaking...


THE LINE scaled back to 300k residents by 2030, down from 1.5 million

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Saudi Arabia has scaled back its medium-term ambitions for the desert development of NEOM, the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent economy, according to people familiar with the...


Saudi Arabia’s Astounding $40 Billion Bet on Artificial Intelligence

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Saudi Arabia diving headfirst into the world of artificial intelligence (AI) with a whopping $40 billion from their sovereign wealth fund. 


Rolls-Royce puts Middle East at centre of five-year drive to quadruple profits

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With next-generation technology rolling out, the head of Rolls-Royce's operations in the Middle East, Turkey and Africa (Meta) has said the markets of Middle East will be crucial in the company's overall plan of quadrupling profits by 2027.


Update on Korean and NEOM construction projects - new orders expected

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The domestic construction industry expects that the number of plant construction orders from Saudi Arabia and other Middle Eastern oil-producing countries will increase this year due to high oil prices. However, geopolitical instability, such as the...


Saudi mega futuristic project NEOM attracting interest from foreigners

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Saudi Crown Prince MBS's ambitious project, 'THE LINE', is still a work in progress, but it has already captured the attention of numerous foreigners. They are not mere spectators; they are enthusiastic about making it their home.


NEOM drives the adoption of advanced cybersecurity solutions

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The GCC region is visionary in cybersecurity, viewing it as an enabler for digital transformation. NEOM is leading that charge. US cybersecurity consultancy Fortinet sees significant investment projects in Saudi Arabia, like NEOM, driving the adoption...



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