Executive says residents of futuristic city will be able to host ‘holographic’ parties, while brushing off competition with Dubai Neom Tech & Digital, a subsidiary of the $500bn signature Saudi megacity Neom, has rebranded itself as Tonomus as it ploughs cash into the metaverse and artificial intelligence (AI). The company has invested $1bn in 2022… Continue reading Saudi Arabia’s Neom invests $1bn in metaverse
Category: Neom
Neom
Inside Saudi Arabia’s Oxagon: the biggest floating city in the world
Oxagon targets to house around 90,000 residents by 2030, with the first one expected as early as next year Somewhere along the Red Sea, close to the Suez Canal, Saudi Arabia is building a floating city it touts to radicalise the global manufacturing industry – the Oxagon. Shaped exactly how it’s named, the new city… Continue reading Inside Saudi Arabia’s Oxagon: the biggest floating city in the world
Saudi Arabia set to host Asian Winter Games at Neom “in the heart of the desert”
Saudi Arabia has announced that it has won the right to host the 2029 Asian Winter Games at its Trojena resort, which is being designed by Zaha Hadid Architects, UNStudio, Aedas, LAVA and Bureau Proberts as part of the Neom development. The 2029 Asian Winter Games will be hosted at a 60-square-kilometre skiing and outdoor activity resort… Continue reading Saudi Arabia set to host Asian Winter Games at Neom “in the heart of the desert”
Saudi’s NEOM awards drill and blast contracts
Saudi’s futuristic NEOM city of the future project has awarded drill and blast tunnelling contracts – totalling 28km in length – for work on the development’s infrastructure that the developer say will ensure NEOM continues to meet the development’s schedule. Two joint venture groups will undertake the works, with the first contract awarded to FCC… Continue reading Saudi’s NEOM awards drill and blast contracts
Contractors gearing up bids for NEOM’s 60km corridor to OXAGON
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
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