May 7, 2026
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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’s ENOWA awards Worley framework agreement for water projects

November 28, 2022 Mohammad S
Worley announced in a statement that, ENOWA, NEOM’s Energy & Water subsidiary, has awarded Worley a Framework Bridging Agreement for services in the Kingdom of …
NEOM

NEOM invests $175m in Volocopter to Accelerate Electric Urban Air Mobility

November 3, 2022 Mohammad S
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, has announced a USD 175 million Series E investment in Volocopter, the pioneer of …
NEOM

Egis and CERTIFER appointed as an Independent Safety Assessor for NEOM’s THE LINE urban development project

October 31, 2022 Mohammad S
NEOM has appointed Egis, its subsidiary AuditSafe, and its partner Certifer to act as the Independent Safety Assessor (ISA) for the railway system in THE …
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 …

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Saudi Arabia invites EOI for the New Abha International Airport Project

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The Saudi Civil Aviation Holding Company (MATARAT) in collaboration with National Center for Privatization & PPP (NCP), invite submissions of Expressions of Interest (EOI) from …
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Kuwait Oil Company (KOC) announces the bid results for “North Kuwait Excavation Transportation and Remediation” project. Twelve bidders summited the proposals. The Kuwait Company for …
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