Leyja is a new tourism destination being developed inNEOM, Saudi Arabia’s mega-project located in the country’s northwest corner. Leyja will be centred around a natural valley surrounded by 400 metre high mountains, located along the coast of the Gulf of Aqaba. Leyja builds on NEOM’s o...
In Saudi Arabia’s northwestern desert, a sprawling construction site replete with cranes and pile drivers sits encircled by a recently-built road. A pair of tracks cuts through the site like deep gashes through the sand, comprising the spine of what planners say will be a high-speed rail sy...
Saudi Arabia's Mega-City: The Neom Project An overview of public perceptions towards "The Worlds Most Ambitious Project." 28 January 2019 Economy Investors Download The NEOM project has been billed as the “World’s Most Ambitious Project”. The $500 billion project in the North-Western ...
Saudi Arabia is the Middle East and North Africa leader in construction projects, with 35% market share, with US$31 bn in awarded contracts, as of October 2022, according to figures from MEED Projects, a project tracking and analysis platform.Focus on Powder Coatings...
” The Oxagon project was announced on November 16, 2021. Its construction start date was not specified, but it was revealed that the opening is planned for 2026. In May 2023, the Ireland-based Kerten Hospitality Group announced ‘The Collective’ in Saudi Arabia. This conglomerate of...
Strategies for Saudi Arabia to deliver on its $1 trillion-plus project plan October 2, 2023 | McKinsey Direct As Saudi Arabia sets out on one of the world’s most ambitious phases of capital expenditure, tried and tested opportunities can help the country unlock construction project success....
NEOM, Saudi Arabia’s Mega Project, has just announced a new upscale coastal destination within the sustainable regional development in northwest Saudi Arabia. Positioned along the Gulf of Aqaba, Epicon aims to redefine hospitality and architecture standards. Featuring two pointed skyscrapers, it feature...
The project — the Saudi Arabia PIF Phase IV Haden 2GW Photovoltaic Project — was signed by a consortium of three subsidiaries of China Energy and a project company established by Saudi Arabia's ACWA Power, the Public Investment Fund, and Saudi ...
“In 2009, the Khurais project added 1.2 million bpd of Arabian light crude to Saudi Arabia’s export capacity.” Khurais is located on a large structural trend to the west of, and parallel to, the Ghawar trend. Because of this superficial resemblance to Ghawar, there were high hopes that...
Saudi Arabia’s Crown Prince Mohammed Bin Salman announced the Vision 2030 plan to diversify the Saudi economy and a large part of the vision is developing the tourism sector. The Vision 2030 has launched several New “mega projects” such as the future city NEOM and the Red Sea Project, ...