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NEOM
Economy
Saudi Arabia’s NEOM to build $186.4 million concrete factory for The Line
This advanced concrete facility will use carbon capture and energy-efficient solutions to support THE LINE's construction
Hospitality & Tourism
Saudi Arabia’s NEOM reveals first designs of Sindalah Yacht Club set to open soon
The club’s design showcases the richness of Italy's artistic heritage, with interiors that reflect the island's natural beauty
Economy
Saudi Arabia: On track to a diversified future
Country has been doubling down on strategic investments, sweeping reforms, and bold initiatives across multiple sectors
Interviews
The Helicopter Company’s expansion, a boost to Saudi Arabia growth ambitions
Company plans to grow its fleet to 100 aircraft in the next few years
Economy
Vision 2030 projects to propel Saudi Arabia’s non-oil GDP share: S&P
S&P expects Saudi Arabia's oil GDP to decrease to 24-26 of total GDP by the end of 2030
Economy
Qatar Airways resumes flights to Saudi Arabia’s Abha, expands NEOM services
The airline will launch two weekly flights to Abha International Airport starting January 2, 2025
Interviews
The Helicopter Company expands to meet aviation’s changing needs
Innovation and strategic partnerships enable Saudi’s commercial helicopter operator to stay ahead of the curve
Hospitality & Tourism
Saudi Arabia’s NEOM awarded $27.7 million cement supply deal with Al Jouf, Webuild
The contract duration is 41 months from the date of signing and is subject to increased quantities
Hospitality & Tourism
New luxury resort slated to debut in Saudi giga-project NEOM
The resort will include a long, bridge-like structure that spans 450 meters and is suspended 40 meters above a lagoon
Sustainability
Sustainable investments could unlock $2 trillion for GCC countries by 2030: Report
Green finance is surging in the GCC, with over $8.5 billion in green and sustainable bonds and Sukuk issued in 2022
Economy
Neom city master plan: Unlocking the future of urban development
With its five unique regions, Neom has attracted attention from all around the world
Hospitality & Tourism
Saudi Arabia’s Quality of Life Program creates over 925,000 jobs in tourism in 2023
Program rehabilitated of over 100 heritage sites and museums in 2023
Hospitality & Tourism
Saudi Arabia’s NEOM reveals Jaumur: Luxurious marina community with 500 apartments, 700 villas, boutique hotels and more
The new marina community includes boarding school, offers superyacht docking
Real Estate
Saudi Arabia’s developers poised for growth amid property shortage, government support: S&P
Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030
Hospitality & Tourism
NEOM secures $2.67 billion revolving credit facility for development projects
Financing boosts ongoing development endeavors and short-term financing requirements
Hospitality & Tourism
NEOM’s Gidori: Uniting golf, luxury, and natural beauty
Gidori boasts limited series of 200 unique villas and homes
Hospitality & Tourism
NEOM expands its vision with Elanan: A sustainable nature retreat
A serene oasis on the Gulf of Aqaba
Hospitality & Tourism
NEOM and MDLBeast launch mega beach club on $500 billion Sindalah Island project
Mega project launches first destination amidst ambitious transformation plans
Hospitality & Tourism
Xaynor: A luxurious beachfront retreat in NEOM
An exclusive getaway on the pristine Gulf of Aqaba coastline
Saudi Arabia
Promoting innovation and sustainability: Saudi Energy Ministry joins forces with NEOM
Agreement includes monitoring progress and identifying areas for improvement
Hospitality & Tourism
Saudi’s NEOM expands with new luxury coastal destination, Epicon
To include a hotel, resort and premium residences
MENA
MENA embraces a smart future with innovative, sustainable cities
From UAE’s Masdar City to Saudi’s futuristic NEOM project