Tamimi Group and Saudi Arabian Trading & Construction Co won contracts to finance, build and operate three residential areas with capacity to house 30,000 people, which will grow to 100,000
neom mega city
Nadhmi al-Nasr
Glow-in-the-dark sand, robot maids and a fake moon: Proposals for Saudi’s $500bn futuristic city
A 2,300 page consultancy document outlines a range of plans for the Neom city on the Red Sea
NEOM
First phase of Saudi Arabia’s $500bn giga-project Neom complete
Second phase to be announced later this year, CEO tells diplomats
Beach Soccer Cup
Saudi’s Neom targets international beach sports after first event
Neom officials say beach sports will be an important part of the mega-city’s events schedule
King Salman
Gallery: Saudi Arabia’s King Salman arrives in mega city NEOM
King Salman bin Abdulaziz Al Saud arrived on Tuesday in Neom mega city in the kingdom’s remote northwest for a holiday.
Air transport services
Gallery: Saudi officials launch flights at Neom International Airport
Neom Airport will be the first airport to fully serve one of the mega-projects planned by the kingdom
foreign investment
Neom investors, workers to get ‘VIP’ document for visa-free travel, residency – report
Holders of the document will also be exempt from a number of laws in the kingdom
Amaala
Giga projects to fuel Saudi investment growth, says JLL
Real estate consultant sees long-term positive impact of launching projects such as Al Qiddiya and Amaala
NEOM
Saudi Arabia to begin building homes in futuristic city Neom
Saudi Arabia plans to start work on Neom Bay in the first quarter this year
India
Indian delegation chases deals on Saudi Arabia’s $500bn Neom City
Indian infrastructure and real estate firms to embark on two-day visit to Riyadh, seeking Neom City opportunities
Neom CEO Nadhmi Al-Nasr
Saudi Arabia’s $500bn NEOM project ‘progressing well’, says CEO
Nadhmi Al-Nasr says team behind Red Sea coast mega project is working ‘day and night’ to bring it to reality
neom advisory board
Saudi govt appoints global advisory board to oversee mega-city Neom
The 18 members of the board come from a diverse range of backgrounds including urban planning, architecture, design, technology, sustainability, energy and manufacturing