We like to keep up with news and events in NEOM, Saudi Arabia and the surrounding area. Here are some of the news sites we read regularly.
The partners have executed a six-week expedition aboard the OceanXplorer, the most advanced exploration, research and media vessel ever built.
NEOM, Saudi Arabia’s futuristic $500bn city has announced extensive findings from a joint mission with OceanX, a non-profit ocean exploration organisation. The expedition is the most adventurous assessment of the northern Red Sea to date.
The chief executive of French owned power giant ENGIE in Saudi Arabia, Turki Al-Shehri, finds it hard to hide his excitement about green hydrogen. However, he couldn’t hide his worries on the difficulties that conventional energy projects are currently facing.
On the other hand, Al-Shehri firmly believes the future is hydrogen. He said: "I think it’s a global energy changer. Green hydrogen is coming. Even before it was even a buzzword, we’ve been spending roughly €60 million a year on green hydrogen research around the world."
Crown Prince Muhammad bin Salman, Deputy Prime Minister and Minister of Defense, received here on Sunday French Foreign Minister Jean-Yves Le Drian. During the meeting, they reviewed bilateral relations and ways to enhance them, as well as regional and international developments and the efforts exerted towards them.
The meeting was attended by Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, and Minister of State, Cabinet Member and National Security Adviser Dr. Musaed bin Mohammad Al-Aiban.
The General Authority of Competition in Saudi Arabia has given the green light for NEOM and Fas Energy to develop and operate data centers in the Saudi city of NEOM.
The Authority tweeted this week that had no objection to proposed joint venture between NEOM Co. and FAS Energy Co. to develop, own and operate the next generation of sustainable ultra-large-scale data centers in the new city of NEOM. A fact sheet on the project states: “[NEOM] Includes artificial intelligence, virtual reality and augmented reality technologies, data centers, the Internet of Things and e-commerce.”
US National Security Adviser Jake Sullivan had high-level discussions on Iran and Yemen in the city of NEOM with Saudi officials. According to the newspaper Asharq Al-Awsat, Sullivan, the highest-ranking US official to visit Saudi Arabia since Joe Biden took office last January, will discuss “the Iranian nuclear file” and efforts to force peace initiatives to end the war in Yemen.
Thrillophilia, India's largest platform to book travel experiences, has partnered with the Saudi Arabia Tourism Board to publicise and promote Saudi Arabia as an exciting holiday destination for the Indian market. This partnership aims to position Saudi Arabia on the same stage. With experiences such as desert dune bashing and hiking to the edge of the world, scuba diving in the red sea, and exploring UNESCO world heritage sites, Saudi Arabia is sure to wow tourists with a unique holiday experience full of exotic adventures, unique cultural activities, and the most scenic cities and nature destinations.
Saudi Aramco and three other partners have concluded an agreement for a $12bn project that will produce hydrogen and power in the kingdom’s southern city of Jazan as the world’s biggest oil exporter forges ahead with clean energy. Aramco has a 20% stake in the joint venture through its unit Saudi Aramco Power Co., it said. Air Products owns 46%, ACWA Power 25% and Air Products Qudra 9%. The joint venture was first announced in 2018.
Saudi Arabia’s planned zero-carbon city NEOM in July 2020 formed a joint venture with Air Products and ACWA Power to create a $5 billion green hydrogen project, which is expected to produce about 1.2 million mt/year of ammonia by 2025.
As one of the world’s most water-stressed countries, India faces a massive challenge every day to deliver safe drinking water to a population of close to 1.8 billion people. And when one considers that it is home to 18% of the world’s population but has access to only 4% of global freshwater resources, a radical rethink of how it manages its water resources is urgently needed.
Recognizing that a new approach to water processing and sustainability is required, NEOM plans to adopt a regenerative approach to water processing that will focus on preserving natural reserves and rejuvenating natural groundwater sources.
Construction on NEOM's largest development ‘THE LINE’ is expected to start by the end of this year, the governor of the Saudi wealth fund said.
Governor Yasir Al-Rumayyan said in a virtual event hosted by the Future Investment Initiative Institute (FII) on Tuesday. NEOM's officials announced earlier that there are many areas under development in addition to THE LINE, such as an industrial city and many resort areas.
Saudi Arabia has set itself a host of lofty targets to reach by 2030, including for the oil producing giant to see tourism contribute 10% to the country's GDP. The kingdom’s strategy, which will forge a key part in Crown Prince Mohammed bin Salman’s Vision 2030, aims for tourism to be the second largest contributor to GDP after oil and gas by 2030 – increasing to 10 percent from 3.6 percent today.
Mahmoud Abdulhadi, deputy minister, Investment Attraction, Ministry of Tourism of Saudi Arabia referred to the $500 billion-plus, which is being spent on massive projects such as the Red Sea Development, Qiddiya, Diriyah, AlUla and NEOM, which are set to revolutionise the kingdom’s tourism offering to the national and international audience.
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