HRH Prince Mohammed bin Salman bin Abdulaziz, Saudi Crown Prince and Chairman of Board of Directors of Neom Company, last month announced the establishment of Oxagon, forming the next phase of the masterplan of Neom and representing a radical new model for future manufacturing centre, based on the futuristic $500-billion new city’s strategies

Infrastructure work has begun on Saudi Arabia’s revolutionary zero carbon ‘The Line,’ a 170-km-long strip which will form the backbone of the kingdom’s futuristic $500-billion development Neom, said a top official.

Diriyah Gate ‍Development Authority (DGDA) has announced the top food and beverage (F&B) brands that will hog the limelight at its 15,000-sq-m premium dining destination, Bujairi Terrace, which opens early next year. It is being developed as part of the $50.

Kuwait-based real estate development company Mabanee said one of its subsidiaries, Shomoul Holding Company, has awarded the main contract worth KD520 million ($1.76 billion) to Nesma & Partners for the development of  The Avenues – Riyadh mall.

Riyadh’s iconic King Fahd International Stadium is set to undergo major changes as Saudi Arabia pushes on with its bid to host the 2027 AFC Asian Cup, said a report. King Fahd International Stadium is receiving a substantial upgrade as it eyes securing what would be the jewel in its crown of landmark events, reported Arab News.

The Saudi Ports Authority (Mawani) has signed an agreement with Cruise Saudi and Globe Group to build a new cruise terminal at King Abdulaziz Port in Dammam, as well as develop four berths at the port and at Yanbu Commercial Port.

The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, has finalised its utilities deal with a consortium led by Acwa Power for The Red Sea Project (TRSP).

HRH Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Founder and Chairman of the Board of Mohammed bin Salman Misk Foundation, last month announced the launch of the first non-profit city in the world, which will be built in Riyadh.

Bids sought for three STPs Saudi Water Partnership Company (SWPC) has invited expressions of interest (EoIs) for the development of three independent sewage treatment plants in the kingdom with a total ultimate treatment capacity of 350,000 cu m/day.