NEOM today announced it has secured a new revolving credit facility (RCF) worth SAR 10 billion. It represents another milestone for NEOM as it progresses with the development of major projects and will be used to support NEOM’s short-term financing...
Saudi Arabia plans to open the first region of its NEOM megacity by the end of the year. The island of Sindalah will provide the first physical glimpse into the ambitious desert project, which has reportedly been scaled back from its initial plans due...
NEOM City is shifting gears from words and videos to actions and tangible proof. The latest revelation came on X (Twitter), where images showed the progress made by Spanish companies on THE LINE’s high-speed railway called ‘The Spine.’ According...
King Abdullah University of Science and Technology (KAUST), in partnership with NEOM, has launched the first nursery of the KAUST Coral Restoration Initiative (KCRI). According to a recent press release, KCRI represents the world's largest...
Marriott International has signed a deal with NEOM to introduce its second Ritz-Carlton Reserve in Saudi Arabi at the TROJENA development. Positioned as a hub for mountain tourism, TROJENA is part of Saudi Arabia’s US$500 billion NEOM project. The...
Oliver Dowden, the UK's deputy prime minister will be attending expo in Riyadh along with more than 300 business chiefs in May. The United Kingdom is sending business executives to a trade expo to attain contracts in Saudi Arabia.
THE LINE’s railway route called The Spine is a marvel that, when ready, will run the length of 170 km covering a large expanse from the Red Sea coast inland towards Tabuk. Fascinatingly, the vast distance of THE LINE (170 km), has been claimed by the...
The event was organized in partnership with the Belt and Road Office under the Commerce and Economic Development Bureau of the government of the Hong Kong Special Administrative Region. The roadshow for NEOM traveled from Beijing to Shanghai...
Saudi-based real estate developer Cayan Group will soon commence the construction of the second Hampton by Hilton at NEOM Community in Northwest. The developer will fully fund and develop a 201-key Hampton by Hilton, which is expected to open...
