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HomeNEOM

NEOM

Latest NEOM Project News and Updates – Saudi Arabia Vision 2030

NEOM is Saudi Arabia’s flagship giga-project under Vision 2030, designed to revolutionize urban living and sustainable development.

Located in the Tabuk Province, NEOM will encompass smart cities, industrial zones, renewable energy hubs, and tourism destinations like THE LINE, OXAGON, TROJENA, and Sindalah Island.

This page features the latest updates on NEOM’s infrastructure contracts, tender announcements, construction milestones, investment partnerships, and regulatory changes. Stay informed on the companies shaping NEOM—from global consultants to regional contractors—and follow each sector’s progress, including transportation, utilities, and real estate development.

NEOM

NEOM Signed Agreement with Ennismore

October 17, 2022 Mohammad S
Hotel Development, the NEOM division responsible for building a future-centric hospitality ecosystem in the northwest corner of Saudi Arabia, has signed its inaugural hotel partner, …
Construction

Keller awarded NEOM’s Geotechnical contract

June 29, 2022 Mohammad S
Keller, UK announced in a statement that it have been selected to undertake work on the prestigious NEOM Giga project in the Tabuk Province of …
Construction

SPG Steiner awarded storage tanks contract at NEOM

June 28, 2022 Mohammad S
SPG Steiner GmbH with its local partners MAN Enterprise and Al Majal Al-Arabi Group sign a contract to design and build the worldwide largest Ammonia …
Hydrogen

NEOM’s Green Hydrogen Design awarded to Longitude

June 28, 2022 Mohammad S
Longitude Engineering, ABL Group’s engineering, advisory, and design arm, has been awarded a contract to provide engineering support to Air Products on the NEOM green …
Construction

FCC Construcción wins one of the tunnel construction contracts for the Saudi NEOM project

June 16, 2022 Mohammad S
The construction area of the FCC Group announced in a statement that it has won one of the tunnel construction contracts within the Saudi NEOM …
NEOM

NEOM’s ENOWA, ITOCHU and Veolia signs MoU to build first 100% renewable energy-powered desalination plant

June 16, 2022 Mohammad S
ENOWA, the energy, water, and hydrogen subsidiary of NEOM, announced in a statement that it has signed a Memorandum of Understanding (MoU) with Japanese trading …
Construction

NEOM awards major tunnel contracts

June 13, 2022 Mohammad S
NEOM, Saudi Arabia awarded drill and blast tunneling contracts for work on the region’s infrastructure, which is considered one of the world’s largest transportation and …
Hydrogen

ACWA Power Announces the signing of $900m EPC contract for the NEOM Green Hydrogen Project

April 4, 2022 Mohammad S
ACWA Power Company announces the signing of the Limited Notice To Proceed (LNTP) Agreements in relation to the EPC Contract for the NEOM Green Hydrogen …
Hydrogen

NEOM establishes region’s first Hydrogen and Innovation Development Center

April 1, 2022 Mohammad S
ENOWA, the energy, water and hydrogen subsidiary of NEOM, has established the region’s first Hydrogen and Innovation Development Center (HIDC). Located in NEOM’s advanced manufacturing and …
NEOM

NEOM launches ENOWA, To accelerate the development of energy and water systems

March 22, 2022 Mohammad S
NEOM announced the launch of its subsidiary company ENOWA, which will lead the development of NEOM’s world-class, sustainable energy and water systems. Work to develop …

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UAE’s ADNOC Drilling awarded $2 Billion Offshore Jack-up Contracts

June 24, 2023
ADNOC Drilling Company PJSC, UAE confirmed the award of five 10-year contracts, totaling approximately $2 billion, in support of ADNOC Offshore’s growing drilling operations. The …
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SEC invites bid for New Diriyah Gate 380/132/13.8kV Substation

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Saudi Electricity Company (SEC) invites the bid for construction of New Diriyah Gate 380/132/13.8kV Substation (9082). The Project location is in Riyadh. Project involves the …
Power

SEC issued tender for Construction of 9098 Switching Substation

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Saudi Electricity Company (SEC) issued tender for the construction of 380kV Switching Substation, 9098. The Projects locations is in Riyadh. Project involves the construction a …
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