SAUDI ARABIA

NEOM invests US$100M in Pony.ai to activate autonomous vehicles in NEOM and across the Middle East; new JV

November 7, 2023

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In Short : NEOM, the futuristic city planned in Saudi Arabia, has invested $100 million in Pony.ai, an autonomous driving technology company. This investment aims to activate autonomous vehicles within NEOM and expand across the Middle East. The partnership signifies a significant step towards the integration of cutting-edge technology in urban planning, supporting NEOM’s vision […]

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SAUDI ARABIA

Saudi Arabia’s $500 Billion Bet On A Future Without Oil – EQ Mag Pro

October 27, 2022

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Saudi Arabia’s NEOM Project is a pillar of the Kingdom’s Vision 2030. The $500 billion project aims to become a model of urban sustainability. The futuristic city will have no roads, cars, or emissions. Saudi Arabia bills it as the city of the future to diversity and grow its economy. Critics say Saudi Crown Prince […]

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SAUDI ARABIA

Saudi Arabia’s NEOM to build renewable-powered desalination plant – EQ Mag Pro

June 18, 2022

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The controversial planned city will partner with a Japanese and a French company in the endeavor. Saudi Arabia’s futuristic planned city NEOM plans to build a water desalination plant powered by renewable energy. NEOM signed a memorandum of understanding yesterday with the Japanese trading company Itochu and the French energy company Veolia to build a […]

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SAUDI ARABIA

Saudi Arabia to start building green hydrogen plant in NEOM – EQ Mag Pro

March 19, 2022

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The NEOM project, called Helios, is led by a consortium including Air Products and ACWA Power International Saudi Arabia will start construction of a green hydrogen plant as soon as this month as it pushes ahead with plans to export the fuel in about four years. The kingdom is on track sell carbon-free hydrogen from […]

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