NEOM, a Red Sea urban and industrial development nearly the size of Belgium that is meant to eventually house 9 million people, is central to Vision 2030
The IPO comes after a 2021 attempt to go public through a $12bn blank-check deal fell through
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
The $63bn project is one of the Public Investment Fund’s giant construction efforts aimed at boosting economic growth
Oracle’s footprint expands to eight cloud regions in the Middle East and North Africa region
The bridge will connect guest rooms and suites, a club house, a spa, and a signature Equinox Hotels fitness club
Capella’s renowned wellness experiences are tailored to individual needs and utilise lunar phases as a guiding principle
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 is an exclusive residential community that aims to accommodate 6,000 residents
The partnership seeks to implement and activate joint initiatives to advance research, deliver innovation and enhance the visitor experience
The facility will support NEOM’s short-term financing requirements as it advances the development of major projects such as THE LINE
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’s latest announcements add to the development plan that includes Norlana, Epicon and Aquellum, among others
Raffles Trojena, the newest hospitality brand to partner with NEOM Hotel Division, will be located in the Discover cluster
Sindalah will open its doors in 2024, giving a taste of luxury and fun in the future
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
The new office presents an opportunity for the company to explore new partnerships and investments
The projects being developed under NEOM offer a glimpse of what futuristic developments could look like in Saudi Arabia
The property, set to open this year, will feature units ranging from studios to one, two, and three-bedroom apartments
The agreement outlines the collaboration between the two entities to develop modern technologies in the energy sector
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
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
Set to be built along the Gulf of Aqaba, Utamo, is crafted as an immersive destination for art and entertainment
Qatar Airways announced two weekly flights to NEOM Bay with Airbus A320 aircraft starting December 9
The company will spearhead the kingdom’s efforts to ensure food security, mitigate climate change and achieve net-zero emissions by 2060
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
The new development, located on the Gulf of Aqaba, will comprise off two stunning towers
The JV is expected to create more than 20,000 work opportunities
The destination will feature three hotels designed to complement the surrounding nature, operate sustainably, and provide unique experiences
It will include Saudi Arabia’s first W Hotel and a JW Marriott property too