RIYADH: Contractors from across the world are gearing up to submit bids for NEOM’s 60 kilometer corridor that connects The Line with the project’s industrial city OXAGON, according to MEED. The last date for bid submission is Sept 11. According to the MEED report, some of the prospective bidders for the project include Spain’s Acciona,… Continue reading Contractors gearing up bids for NEOM’s 60km corridor to OXAGON
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King Salman, Crown Prince perform Eid prayer in Makkah
Custodian of the Two Holy Mosques King Salman and the Crown Prince Mohammed bin Salman preformed Eid Al-Fitr prayer in Makkah’s Grand Mosque on Monday. This is the first in-person Eid prayer for the King in the Grand Mosque at Makkah since the pandemic hit the world in 2020. Upon the arrival of the Custodian… Continue reading King Salman, Crown Prince perform Eid prayer in Makkah
Gen. Al-Ruwaili conveys leadership’s greetings to Armed Forces injured on Eid Al-Fitr
Chief of General Staff Lt. Gen. Fayyad Bin Hamed Al-Ruwaili, accompanied by the Commander of the Joint Forces Lt. Gen. Mutlaq Bin Salem Al-Azima, visited Monday the wounded personnel of the Armed Forces being treated at Prince Sultan Military Medical City in Riyadh on the occasion of Eid Al-Fitr. He conveyed to them the greetings… Continue reading Gen. Al-Ruwaili conveys leadership’s greetings to Armed Forces injured on Eid Al-Fitr
Unemployment rate decreases to 11% in Q4 of 2021: Al-Jadaan
The unemployment rate in Saudi Arabia has decreased to 11% in Q4 of 2021, thanks to the direction and follow-up of Crown Prince Mohammed Bin Salman, Minister of Finance Mohammed Al-Jadaan said. Al-Jadaan stressed, during a statement on the occasion of Eid Al-Fitr, that the Saudi government continues to achieve a consecutive series of successes… Continue reading Unemployment rate decreases to 11% in Q4 of 2021: Al-Jadaan
Element opens $1m KSA laboratory to support Neom project
Global inspection specialist, Element Materials Technology (Element) has invested $1 million in a new laboratory in north western Saudi Arabia to provide civils and environmental testing for the Neom new city project. The project will create a futuristic destination and community incorporating smart city technology and entirely fuelled by renewable energy. Element’s Neom… Continue reading Element opens $1m KSA laboratory to support Neom project
4000 MW Renewable Energy Project for NEOM to Come Up Near Jordan Border
The engineering, procurement and construction (EPC) contract for the renewable projects will be awarded in a single tranche. The Kingdom of Saudi Arabia is projecting NEOM city as a prospective leader in green hydrogen. The renewable energy projects that are being planned by Saudi Arabia to supply electricity to the green hydrogen based ammonia plant… Continue reading 4000 MW Renewable Energy Project for NEOM to Come Up Near Jordan Border
NEOM Meets with Business Community in the United States
NEOM has concluded a series of “Discover NEOM” events with investors and business partners in the United States as part of its ongoing efforts to highlight the project’s latest developments and explore investment opportunities, reported the Saudi Press Agency. CEO of NEOM, Nadhmi Al-Nasr said: “We came to the United States to explore the significant… Continue reading NEOM Meets with Business Community in the United States
NEOM pitches investment opportunities to more than 700 US business leaders
More than 700 US business, sustainability, and investment leaders attended a series of showcase events to highlight the development of NEOM, the $500 billion project owned by Saudi Arabia’s Public Investment Fund, according to the project’s CEO. The “Discover NEOM” events followed on from a similar exercise in London last year. NEOM’s CEO Nadhmi Al-Nasr… Continue reading NEOM pitches investment opportunities to more than 700 US business leaders
NEOM to invite firms to tender for high-speed rail packages
Saudi Arabia’s $500-billion gigaproject, NEOM, is expected to issue the request for qualification for contracts related to the high-speed rail scheme The Line project, Meed reported. Within the next two months the future city that is currently in the development phase in Saudi Arabia, will issue the request, which will be handled in two packages; Package A and Package B. Citing close… Continue reading NEOM to invite firms to tender for high-speed rail packages