NEOM Investment Fund adds the Michigan startup to its portfolio; NEOM will deploy the next-generation, energy-efficient edge AI accelerators
NEOM
Latest in NEOM
Engie SA
ENGIE, NEOM partner on brine valorisation to boost sustainable desalination in Saudi Arabia
The partnership will pilot new brine management solutions, using advanced tech to recover resources and reduce environmental impact in desalination
food security
NEOM announces biomanufacturing investment
NEOM partners with Liberation Labs on food production deal in Saudi Arabia
Green Hydrogen
NEOM Green Hydrogen announces major 2025 recruitment drive for world’s largest plant
The initiative aims to attract top talent for its operations and maintenance team
NEOM
NEOM chief reveals first details of car-free vertical city THE LINE: Report
A key feature of THE LINE is its complete elimination of cars in favour of a six-tier mobility system
Abu Dhabi business
New tax in the UAE; Blue Visa launched; Saudi megaproject guide; Dubai Loop announced – 10 things you missed this week
New taxes and visa in the UAE, Elon Musk reveals Dubai Loop plan; Saudi megaprojects revealed, expected Ramadan dates and more top stories this week
AI
NEOM announces $5bn AI data centre in Oxagon, Saudi Arabia
NEOM partners with DataVolt to develop a $5bn AI-powered data centre in Oxagon, Saudi Arabia
NEOM
Saudi Arabia megaprojects: 19 major developments transforming the kingdom
Saudi Arabia’s multi-billion-dollar projects to diversify its economy, generate jobs, and establish itself as a global commercial hub
NEOM
NEOM announces $3bn financing for ambitious developments
NEOM has secured massive financing agreement with Italian group and international banks
Gaming
NEOM boosts Saudi gaming sector with publishing network
Saudi Arabia’s developing gaming industry will be supported by investments from NEOM Media’s Gaming Publishing Partner Network
NEOM
NEOM invests in construction robots as market tipped to pass $774m
NEOM is investing in an emerging European robot specialist as it looks to modernise construction in Saudi Arabia
giga-project
NEOM projects still on track despite CEO departure, Italian construction firm Webuild says
The company said there is no evidence of changes in the activity plan initially set for the projects it is implementing
Abu Dhabi
Dubai real estate ‘stabilising’; Damac launches airline; NEOM management changes; UAE salary increases – 10 things you missed this week
Dubai real estate forecast, Damac Air launch, NEOM management changes, Nakheel releases Palm Jebel Ali beach villas and more of the top stories this week
Nadhmi al-Nasr
NEOM announces major shake-up as Nadhmi Al Nasr leaves CEO role
NEOM announces acting CEO as long-term leader leaves position
NEOM
NEOM The Line announces update as Saudi megaproject takes major step closer to Phase 1 completion
NEOM has announced architecture and engineering partners to help complete Phase 1 of The Line in Saudi Arabia
Dubai real estate market
Dubai startup debuts walk-through blueprint tech for real estate, eyes NEOM, Red Sea megaprojects in Saudi push
The company’s strategic entry into the Middle East comes through a partnership between Calas and two prominent regional investors from the UAE and Saudi Arabia
NEOM
NEOM Sindalah: Saudi Arabia opens new luxury island resort in Red Sea
The 840,000-square-metre island, which was announced by Mohammed bin Salman, Crown Prince and Chairman of the NEOM Board of Directors in December 2022, marks NEOM’s first completed project