January 31, 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

L&T awarded ±525kV HVDC Transmission Link in Saudi Arabia

July 25, 2023 Mohammad S
The Power Transmission & Distribution Business of Larsen & Toubro announced in a statement that it has awarded ±525kV HVDC Transmission Link in Saudi Arabia. …
NEOM

IHG Hotels & Resorts signed franchise agreement with NEOM

July 20, 2023 Mohammad S
IHG® Hotels & Resorts, one of the world’s leading hotel companies, with 6000 hotels across 18 brands, has signed a franchise agreement that will see …
NEOM

Saudi’s United Park Co. awarded Pumps Contract for NEOM communities project

July 9, 2023 Mohammad S
United Park Company, Saudi Arabia announced that it has awarded water supply Pumps Contract related to NEOM communities project. The value of the Contract is …
NEOM

NEOM’s ENOWA appointed Consultant for Seven Solar PV Parks

July 2, 2023 Mohammad S
International engineering, digital, and project management services company Assystem announced in a statement that it has been appointed by ENOWA (NEOM) to conduct a suite …
Construction

Linklaters advises NEOM for its Residential Communities’ Project in Saudi Arabia

June 26, 2023 Mohammad S
Linklaters is advising NEOM on the procurement and development of its residential communities’ project, a social infrastructure project that will house the growing workforce of …
Construction

India’s Cyril Amarchand Mangaldas Advises Alfanar’s Construction of Residential Communities for NEOM

June 23, 2023 Mohammad S
Cyril Amarchand Mangaldas, India announced in a statement that it has advised Alfanar Global Development, a part of Alfanar Projects, on engineering procurement and construction …
NEOM

NEOM and Volocopter announced the successful completion of a series of air taxi test flights

June 21, 2023 Mohammad S
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, and Volocopter, the pioneer of urban air mobility (UAM), announced today the successful completion …
Hydrogen

L&T awards 2.97 GWp trackers Contract to PVH for the world’s largest Green Hydrogen Plant at NEOM

June 21, 2023 Mohammad S
PVH, leading global supplier of solar trackers, announced in a statement that it has signed a significant contract with Larsen & Toubro (L&T) for the …
Construction

Minor Hotels announces the expansion of its luxury brand in Trojena, NEOM

June 20, 2023 Mohammad S
Minor Hotels, a hotel owner, operator and investor, currently with a portfolio of 530 hotels and resorts in 56 countries across Asia Pacific, the Middle …
Construction

Nesma to invests over SAR 3.45 billion in NEOM’s residential communities Project

June 13, 2023 Mohammad S
Nesma, Saudi Arabia announced in a statement that it will invests over SAR 3.45 billion into NEOM’s residential communities built using sustainable modular construction methods …

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Madinah Municipality invites EOI for Central Area Plot Development Project

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The Municipality of Madinah, Saudi Arabia announced the launch of the Central Area Plot Development Project by inviting the developers to submit their interest. The …
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Contractors submits lowest bid of $179.2m for 380kV cable project in Riyadh

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Saudi Electricity Company (SEC) received bidders proposals for Installation of 380kV Underground cable associated with Substation 9097. Saudi based construction firm, Bin Omairah Contracting Company …
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