The NEOM Board of Directors on Sunday, October 27, officially unveiled Sindalah, the luxury island destination and first physical showcase of NEOM, the 500 billion dollar mega tourism project in Saudi Arabia. First announced by Mohammed bin Salman, Crown Prince and Chairman of the NEOM Board of Directors in December 2022, Sindalah’s opening marks an … Read more
China-based autonomous driving firm Pony AI, backed by carmaker Toyota, filed for an initial public offering in the US on Thursday, in another sign of growing investor interest in new listings and easing regulatory pressures. Activity in the IPO market has picked up pace in recent weeks, buoyed by the US Federal Reserve kicking off … Read more
Photo: AFP The Kingdom of Saudi Arabia’s oil export revenues fell to their lowest level in three years, due to the decline in oil prices and the Kingdom’s decision to reduce production. Citing government data, Bloomberg reported on Thursday, August 23, that the sales of crude oil and refined products fell to 66.3 billion Saudi … Read more
In a ground-breaking deal, the Candela P-12, the world’s first electric hydrofoil ship, will serve the planned water network in NEOM, a 500 billion-dollar futuristic megacity being built in the Kingdom of Saudi Arabia (KSA). NEOM has placed an initial order for eight of the foiling, electric shuttle ships, marking the largest order in the … Read more
Riyadh: The Kingdom of Saudi Arabia’s NEOM, the 500 billion dollar mega tourism project, has announced the launch of Jaumur, the largest cosmopolitan luxury community on the coast of the Gulf of Aqaba. The new destination will be designed to serve the highest standards of future livability and active lifestyle. This new addition promises a … Read more
Riyadh: The Board of Directors of NEOM has announced Elanan, an exclusive guest retreat that redefines luxury and well-being experiences, set in the heart of nature. Its announcement marks the latest addition to NEOM – the evolving sustainable development taking shape in northwest Saudi Arabia. Situated on the pristine Gulf of Aqaba coastline where the … Read more
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