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 announces major milestone for its $2.7bn Project at NEOM

June 1, 2023 Mohammad S

The Power Transmission & Distribution Business of Larsen & Toubro has achieved important milestones for the Power Elements and Grid packages of the world’s largest …

Jacobs awarded Lead Design Consultant Contract for Port of NEOM

May 31, 2023 Mohammad S

Jacobs announced in a statement that it been selected as lead design consultant on the project, Port of NEOM. Jacobs will work alongside subconsultants Moffatt …

Hitachi Energy awarded NEOM’s First HVDC Project

May 30, 2023 Mohammad S

Hitachi Energy, a global technology leader advancing a sustainable energy future for all, has signed agreements under the supervision and management of the Ministry of …

SIBS receives an order for the delivery of 2 174 apartments to NEOM

May 28, 2023 Mohammad S

SIBS, one of the world’s leading modular home manufacturers, has been awarded a contract to deliver 2 174 apartments to NEOM, located in northwest Saudi …

NEOM Green Hydrogen Company announces financial close of $8.4bn for World’s Largest Green Hydrogen Project

May 22, 2023 Mohammad S

NEOM Green Hydrogen Company (NGHC) announced in a statement that following signing financial documents with 23 local, regional, and international banks, and investment firms, it …

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

May 18, 2023 Mohammad S

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 …

NEOM awards over SAR 3bn Contracts for Port of NEOM

May 18, 2023 Mohammad S

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 …

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

May 15, 2023 Mohammad S

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 …

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

May 11, 2023 Mohammad S

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 …

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

April 27, 2023 Mohammad S

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 …

Copyright © 2019-2026, SaudiGulf Projects, All Rights Reserved