× SaudiGulf Projects – September 2025 Updates
November 3, 2025
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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.

Construction

BESIX Awarded Design and Build Contract for Port of NEOM in Oxagon City, Saudi Arabia

May 18, 2023 SaudiGulf Projects

BESIX announced in a statement that, through its local subsidiary Six Construct, in partnership with Modern Building Leaders (MBL) and Boskalis, has been awarded a …

Construction

NEOM awards over SAR 3bn Contracts for Port of NEOM

May 18, 2023 SaudiGulf Projects

NEOM announced in a statement that, in line with NEOM’s strategy and the Saudi Ports Authority’s efforts to transform local ports into globally competitive logistics …

Finance

NEOM, Riyad Bank Signed SAR 3 bn Financing Deal for NEOM Sindalah

May 15, 2023 SaudiGulf Projects

NEOM announced in a statement that it has signed an agreement with Riyad Bank for SAR 3 billion in debt financing to help fund the …

NEOM

Webuild, Shibh Al Jazira JV awarded €1.4 bn contract in NEOM

May 11, 2023 SaudiGulf Projects

Webuild and its joint-venture partner Shibh Al Jazira Contracting Company (SAJCO) have signed a contract worth circa €1.4 billion to design and build 57 kilometers …

NEOM

Four Seasons Hotels plans for a new luxury resort in NEOM’s Sindalah Island

April 27, 2023 SaudiGulf Projects

Four Seasons Hotels and Resorts, the world’s leading luxury hospitality company, and Hotel Development, the NEOM division that is responsible for building a future-centric hospitality …

NEOM

AECOM awarded NEOM’s Airport PMC Contract

March 22, 2023 SaudiGulf Projects

AECOM, the world’s trusted infrastructure consulting firm, announced that it has been awarded a multi-year contract to provide project management consultancy (PMC) services for NEOM …

Hydrogen

Air Products Qudra Signs Agreement for NEOM’s First Hydrogen Fueling Station

March 19, 2023 SaudiGulf Projects

Air Products Qudra announced that it has signed an agreement with ENOWA, NEOM’s Energy, Water and Hydrogen subsidiary, to build, own and operate NEOM’s first …

Construction

NEOM signs agreement with Marriott to open 3 luxury hotels on Sindalah island

March 8, 2023 SaudiGulf Projects

Marriott International, Inc. announced it has signed an agreement with NEOM to open three properties on its luxury island destination Sindalah, situated in the Red …

NEOM

Collective Retreats Selected To Open Sustainable Retreat in Trojena, The Mountains Of NEOM

February 27, 2023 SaudiGulf Projects

Collective Retreats, a pioneer in outdoor experiential hospitality, has announced a partnership with NEOM to open a next generation, ultra- sustainable retreat in Trojena, the …

Construction

Jacobs and JASARA appointed as Delivery Partner for NEOM’s THE LINE

February 15, 2023 SaudiGulf Projects

Jacobs and JASARA have been appointed by NEOM Company (NEOM) for THE LINE, its linear and cognitive city under development in the northwest of Saudi …

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Petrochemical

SRJ Technologies awarded SABIC contract

April 30, 2021

SRJ Technologies, Australia announced in a statement that it has secured its first contract in Saudi Arabia. The contract received through ZAMIL Operations and Maintenance …

Power

Oman invites Expression of Interest for two 2,400 MW New Thermal Power Plants

December 5, 2024

Nama Power and Water Procurement Company SAOC (PWP), Oman issues the Expression of Interest (EOI) for the development of two independent power projects (IPPs) on …

Construction

InterContinental to open New Hotel in Saudi Arabia’s Al Khobar

November 5, 2022

Reaffirming its commitment to the Kingdom’s Vision 2030, IHG® Hotels & Resorts, one of the world’s leading hotel companies in the world, has signed a …

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