NEOM: News - learn the latest news about NEOM
Nov 4, 2024 · NEOM, the sustainable region taking shape in northwest Saudi Arabia, has today announced the appointment of world-leading partners to deliver the core city planning, design and engineering for the first phase of THE LINE. Learn More.
NEOM: Made to Change
Supporting the Saudi Vision 2030, our zero-carbon, circular economy and revolutionary design will reduce urban sprawl and enhance livability. NEOM is a special economic zone; our innovative work across multiple sectors will not only diversify the Kingdom's economy, but offers solutions that other parts of the world can benefit from.
THE LINE: a revolution in urban living - NEOM
We need a city that can accommodate nine million people, taking Saudi Arabia towards its 2050 population goal, and we need to do that efficiently – with the smallest possible footprint and the optimal livability for residents.
NEOM Green Hydrogen Company completes financial close at a …
May 22, 2023 · The project at a total value of USD8.4 billion is being financed with USD 6.1 billion non-recourse financing from 23 local, regional and international banks and financial institutions. An exclusive 30-year off-take agreement of all the produced green ammonia has been secured.
NEOM and Volocopter: First Electric Air Taxi Flight in Saudi ...
Jun 21, 2023 · NEOM, the smart and sustainable regional development in northwest Saudi Arabia, and Volocopter, the pioneer of urban air mobility (UAM), announced today the successful completion of a series of air taxi test flights.
NEOM releases first progress film, showing construction so far
Jan 16, 2023 · With NEOM having moved to the building phase of the project and the first destination – Sindalah – due to open its doors in 2024, a progress film has been released. It shows real-world footage of the large-scale construction across NEOM regions including THE LINE, Trojena, Sindalah and Oxagon.
NEOM secures SAR 10 billion financing facility
NEOM, Saudi Arabia, April 28, 2024 — 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 requirements.
About NEOM: Pioneering the Future of Livability and Business
NEOM is being driven and primarily funded by the Public Investment Fund, Saudi Arabia’s sovereign wealth fund, along with local and international investors. The project is now open to global, regional and local investors/partners – especially those with a progressive approach.
NEOM to host world’s largest renewable hydrogen project
Jul 11, 2020 · NEOM WILL BE THE HOME TO WORLD’S LARGEST RENEWABLE HYDROGEN PROJECT. The new green hydrogen project in NEOM is the first step in creating a new industry in NEOM and the Kingdom, creating jobs and contributing to economic growth and diversity. NEOM, Saudi Arabia: This project positions NEOM as a key contributor to the Kingdom’s Vision 2030 ...
First major delivery of wind turbines reaches NEOM Green ...
Nov 7, 2023 · NEOM Green Hydrogen Company (NGHC), the company that is building the world’s largest green hydrogen plant, has received its first delivery of wind turbines at the Port of NEOM in northwest Saudi Arabia.