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 Saudi Arabian Football Federation (SAFF) has announced on Wednesday that NEOM will host the draw ceremony for the FIFA World Cup 2034, which Saudi Arabia is set to host. The announcement came just hours after FIFA confirmed the Kingdom's successful bid to host the prestigious tournament.
NEOM Media production hub and the kingdom’s Hakawati Entertainment have forged a strategic partnership to produce up to nine feature films and establish a new on-site services unit “supported by experienced Hollywood-level talent and significant financial investments,” they said in a statement.
A project aiming to generate £250m of investment into a research and innovation hub in Greater Manchester, which is expected to create more than 1,000 skilled jobs in the region, has been unveiled by the UK Government as part of a partnership with Saudi Arabia.
Lantania, a key Spanish infrastructure, water and energy group, has been awarded the contract for the construction of a biosolids treatment complex in Saudi Arabia's futuristic city NEOM, located in the kingdom's northwest region.
Saudi Arabia has reached a significant milestone in modern transportation with the launch of the world’s longest driverless transit system.
Topian, the NEOM food company, has inaugurated its first high-tech greenhouse in OXAGON, NEOM’s reimagined industrial city on the Red Sea coast. The opening of the climate-resilient agricultural asset, in northwest Saudi Arabia, aims to pilot sustainable localized production enabled by high-technology solutions.
With an investment of $500 billion, Saudi Arabia is touting this 100-mile-long linear city as the most sustainable urban complex in the world. And one with some cutting edge renewable technologies ... like generating fresh water in a desert.
Saudi Arabia’s hotel market is set to expand from USD 15.4 billion in 2024 to USD 27.26 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.55% according to latest research by market analysis firm, Research & Markets. This growth is driven largely by increased investment in upscale hotels and new government policies, including easier visa access for international tourists.
Tourism projects worth more than SR3.5 billion ($932m) have been approved for Al Ahsa in Saudi Arabia, the Saudi Press Agency reports. Saudi Arabia has committed the $932m investment to develop 17 tourism projects in the region, positioning it as a key destination in the kingdom’s growing travel sector.
Saudi Arabia’s Vision 2030 represents a bold and transformative shift in the Kingdom’s economic landscape, with tourism positioned as a key driver of diversification and growth. Under the leadership of His Excellency Ahmed Al-Khateeb, the Saudi Minister of Tourism, the Kingdom is making significant strides in not only developing its tourism sector but also in empowering women and youth, creating a sustainable, vibrant tourism industry for the future.
NEOM is again making the rounds in the foreign press, with Investment Minister Khalid Al Falih telling Reuters on the sidelines of the World Investment Conference that the gigaproject is a “generational investment” with an extended timeline that will not be completed in “two, three or five years.”.
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