#NEOM

Saudi-backed Pony AI seeks $4.5bn valuation in US IPO

The IPO comes after a 2021 attempt to go public through a $12bn blank-check deal fell through

Saudi Arabia replaces CEO overseeing $500bn NEOM mega project

Saudi Arabia replaces CEO overseeing $500bn NEOM mega project

Nadhmi Al-Nasr, the long-time CEO of the Red Sea urban and industrial development nearly the size of Belgium, will be replaced by Aiman Al-Mudaifer

Saudi Arabia’s Diriyah agrees deals worth $1bn with European firms

Saudi Arabia’s Diriyah agrees deals worth $1bn with European firms

The $63bn project is one of the Public Investment Fund’s giant construction efforts aimed at boosting economic growth

Oracle

Oracle launches second public cloud region in Saudi Arabia

Oracle’s footprint expands to eight cloud regions in the Middle East and North Africa region

NEOM-TREYAM EQUINOX HOTELS

NEOM: Equinox Hotels to open bridge resort on Magna’s Treyam

The bridge will connect guest rooms and suites, a club house, a spa, and a signature Equinox Hotels fitness club

NEOM Capella in Elanan_Image_1

Saudi Arabia: Capella Hotels announces wellness-themed resort at NEOM

Capella’s renowned wellness experiences are tailored to individual needs and utilise lunar phases as a guiding principle

Saudi Arabia, Qatar - GCC

Qatar-Saudi relations flourish with surge in business activity

For Qatar, a top liquefied natural gas exporter, it is a chance to strengthen ties with its Arab neighbour, as well as try to diversify its economy

Jaumur by Neom

Introducing Jaumur, Neom’s new luxury coastal haven

Jaumur is an exclusive residential community that aims to accommodate 6,000 residents

NEOM, Saudi Red Sea Authority sign marine tourism MoU

NEOM, Saudi Red Sea Authority to formulate marine tourism regulations

The partnership seeks to implement and activate joint initiatives to advance research, deliver innovation and enhance the visitor experience

Saudi Arabia’s NEOM secures $2.7bn syndicated loan

Saudi Arabia’s NEOM secures $2.7bn syndicated loan

The facility will support NEOM’s short-term financing requirements as it advances the development of major projects such as THE LINE

NEOM reportedly considers debut riyal bond sale to fund projects

NEOM reportedly considers debut riyal bond sale to fund projects

The company has appointed banks including HSBC and the securities units of Al Rajhi Bank and Saudi National Bank to advise on the debt sale

NEOM-TREYAM EQUINOX HOTELS

Neom unveils world’s longest infinity pool at Treyam and a cantilevered hotel at Gidori

NEOM’s latest announcements add to the development plan that includes Norlana, Epicon and Aquellum, among others

Raffles Hotels & Resorts to debut at NEOM’s Trojena

Raffles Hotels & Resorts set to debut on this NEOM island

Raffles Trojena, the newest hospitality brand to partner with NEOM Hotel Division, will be located in the Discover cluster

SINDALAH-MDLBEAST

Take a look: Sindalah beach club is NEOM’s latest destination

Sindalah will open its doors in 2024, giving a taste of luxury and fun in the future

neom - xaynor

NEOM launches members-only club Xaynor

With its untouched seafront location, Xaynor will offer club members an opportunity to escape the hustle and bustle of city life, and recharge in a secluded, exclusive environment

Saudi Arabia’s NEOM expands global reach with New York office

Saudi Arabia’s NEOM expands global reach with New York office

The new office presents an opportunity for the company to explore new partnerships and investments

Saudi Arabia’s Crown Prince announces design for ‘The Line’ in Neom

From Aquellum to Zardun and now Xaynor: 12 futuristic real estate megaprojects under NEOM

The projects being developed under NEOM offer a glimpse of what futuristic developments could look like in Saudi Arabia

NEOM to feature Apartments by Marriott Bonvoy at Sindalah Image Supplied

NEOM to feature Apartments by Marriott Bonvoy at Sindalah

The property, set to open this year, will feature units ranging from studios to one, two, and three-bedroom apartments

NEOM, Saudi Energy Ministry sign energy cooperation deal

NEOM, Saudi Energy Ministry sign MoU on cooperation in energy fields

The agreement outlines the collaboration between the two entities to develop modern technologies in the energy sector

Saudi Arabia’s NEOM launches lifestyle community Norlana

Saudi Arabia’s NEOM unveils plans for lifestyle community Norlana

Located on the coastline of the Gulf of Aqaba, the lifestyle community will have a 120-berth marina that will serve as an international hub for superyachts

ACWA Power and Dutch Companies sign MoU Image Acwa Power

Saudi’s ACWA Power inks $4bn green hydrogen deal with Egypt

The initial phase of the project will generate 3,000 tonnes of green hydrogen annually, with the subsequent phase harnessing 2.4 GW of wind energy to produce 500,000 tonnes of green ammonia

NEOM - UTAMO

Saudi’s Neom announces new destination for art and entertainment

Set to be built along the Gulf of Aqaba, Utamo, is crafted as an immersive destination for art and entertainment

QATAR AIRWAYS - NEOM

Watch: Qatar Airways lands its first flight at NEOM Bay airport

Qatar Airways announced two weekly flights to NEOM Bay with Airbus A320 aircraft starting December 9

NEOM launches new food company Topian

Saudi Arabia’s NEOM unveils new food company Topian

The company will spearhead the kingdom’s efforts to ensure food security, mitigate climate change and achieve net-zero emissions by 2060

siranna new destination launched by NEOM Image NEOM

Saudi Arabia: What NEOM’s new destination, Siranna, has to offer

Situated on the Gulf of Aqaba coastline, this ultra-luxurious destination will be home to a 65-key hotel, as well as 35 exclusive residences

NEOM EPICON

NEOM unveils 275m futuristic Epicon Towers

The new development, located on the Gulf of Aqaba, will comprise off two stunning towers

NEOM

Saudi’s NEOM sets up $10bn JV with Denmark’s DSV

The JV is expected to create more than 20,000 work opportunities

NEOM unveils Leyja Image NEOM

NEOM unveils Leyja, a new sustainable tourism destination

The destination will feature three hotels designed to complement the surrounding nature, operate sustainably, and provide unique experiences

Marriott announces two new properties in NEOM’s Trojena (Image: Supplied by NEOM)

Marriott announces two new properties in NEOM’s Trojena

It will include Saudi Arabia’s first W Hotel and a JW Marriott property too

Mohammed bin Salman

Saudi Crown Prince Mohammed bin Salman’s interview with Fox News: US, Israel, golf and more

The interview conducted by TV host Bret Baier touched upon a range of international issues