May 8, 2026

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.

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 …

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 …

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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Projects awarded during May 2023 in Gulf Countries

June 12, 2023 Mohammad S

Following are the major projects awarded during the month of May 2023 across Gulf countries. The projects covers the Power, Water, Construction, Petrochemical, Transport and …

GE Grid Solutions awarded 380kV GIS Contract for the NEOM’s Green Hydrogen Plant

June 8, 2023 Mohammad S

Grid Solutions, an integral part of the GE Vernova portfolio of energy businesses, was awarded a contract by Larsen & Toubro to supply 380 kV …

IGY Marinas partners with NEOM’s Sindalah

June 7, 2023 Mohammad S

IGY Marinas announced that it is partnering with NEOM, the global development taking shape in northwest Saudi Arabia, to develop and operate the prestigious marina …

Alfanar to invests SAR 10bn in NEOM’s Residential Communities Project

June 6, 2023 Mohammad S

Alfanar announced in a statement that the company will invests SAR 10 billion in NEOM’s residential communities built using sustainable modular construction methods. As part …

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Envision Energy awarded 1.67 GW Wind Turbine Contract for NEOM Green Hydrogen Project

June 6, 2023 Mohammad S

Envision Energy, announced that it has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world’s largest utility-scale hydrogen …

NEOM awards SAR 21bn Residential Communities Project

June 6, 2023 Mohammad S

NEOM has announced that it has finalized contracts with investors for the first phase of its residential communities’ expansion, a social infrastructure project that will …

LBS Through its JV LBPKSA Announces Power Generation Contract in NEOM

June 6, 2023 Mohammad S

Louis Berger Services (LBS) through its joint venture of LBPKSA, recently began a power generation contract using Cummins generator technology to help support construction of …

UAE’s ADNOC, AIQ accelerate deployment of industry-first AR360 AI solution

October 18, 2024

ADNOC announced the deployment of AIQ’s Advanced Reservoir 360 (AR360) solution on more than 30 reservoirs across ADNOC’s upstream operations, following the solution’s successful initial …

NESMA Secures O&M Contract of Sewage Treatment Plant

September 10, 2020

Saudi Arabia’s NESMA Water & Energy, a subsidiary of NESMA Holding announces the awarding of contract from Ministry of Environment, Water and Agriculture, Saudi Arabia. …

Dubai issues EOI for Phase 7 Solar PV along with BESS

February 25, 2025

Dubai Electricity & Water Authority P.J.S.C. (DEWA) announces the commencement of a competitive tender process of a new Solar Photovoltaic Power with Battery Energy Storage …

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