Shared vision, commitment to integration underlie Gulf trade deals

    The signing of new investment deals reportedly worth $30 billion between Saudi Arabia and Oman is no doubt a positive development for solidifying cooperation between the member countries of the Gulf Cooperation Council. Yet the first questions that spring to mind are: Why Oman and why now? Let’s find the answer together with Arab News. […]

    Saudi Arabia showcases NEOM in its first roadshow in London

    Saudi Arabia’s smart city NEOM has hosted its first UK roadshow event in London to promote investment opportunities, Arab News reports. It was attended by over 250 leaders from the country’s business, financial, environmental and political circles. Launched by Saudi’s ambassador to the UK, the Discover NEOM event included presentations, panels and an exhibition of […]

    Saudi Arabia’s digital ambitions are key to low-carbon future
    04 Dec 2021

    At the recent inaugural Saudi Green Initiative Forum and just days before the start of the recently concluded COP26 conference in Glasgow, Saudi Arabia announced its net-zero carbon emissions commitment. The announcement reinforces the Kingdom’s previous pledge to achieve half its energy production from renewable energy and a half from natural gas by 2030, Hisham […]

    Saudi Crown Prince announces the establishment of OXAGON, a largest floating industrial complex in the world

    His Royal Highness Mohammed bin Salman bin Abdulaziz, Crown Prince and Chairman of the NEOM Company Board of Directors, today announced the establishment of OXAGON, forming the next phase of NEOM’s master plan and representing a radical new model for future manufacturing centers, based on NEOM’s strategies of redefining the way humanity lives and works […]

    Hyperloop CEO has a dream of a 48-minute Riyadh to Abu Dhabi trip as he wants to connect the Middle East

    Virgin Hyperloop CEO and Co-Founder Josh Giegel outlines Hyperloop dream for Middle East. Virgin Hyperloop, the company partnered with businesses and governments in the Arab world to develop a vacuum train that could transport passengers at 1,000 kph, is closer than ever to debuting not just a single train in the Middle East, but the […]

    NEOM’s green hydrogen plant to operate in 2026: Air Product’s CEO
    23 Oct 2021

    NEOM’s green hydrogen plant will start operations in 2026, the chief executive officer of Air Products & Chemicals revealed in an interview with Alarabiya. The project will export hydrogen in the form of liquid ammonia to the world market for use as a biofuel that feeds transportation systems. Seifi Ghasemi noted that the project is […]

    Opinion: Is Neom a Saudi mega-green Gotham city?

    Slick videos, fake moons, glow-in-the-dark sand, and fake rain. Neom? Nightmare or a futuristic green fantasy? PR stunt or a serious step in building a new Middle East green city? The authors of the following article by the Green Prophet say that they’ve already read that Saudi Arabia wants to be the new Ibiza and […]

    Saudi Arabia’s NEOM and KAUST partner to create the world’s largest coral garden in the Red Sea

    Officials in Saudi Arabia have announced a joint project to establish the largest coral garden in the world at NEOM, the futuristic mega-city being built in the Kingdom’s northwest, Arab News reports. NEOM and King Abdullah University of Science and Technology (KAUST) said that the project that will cover 100 hectares on Shusha Island on […]

    Arab economies jostle for position in $200 billion green hydrogen race
    20 Jun 2021

    This week has brought us a new huge green hydrogen project announcement in the Middle East. Let’s begin from Egypt’s turn. The most populous Arab nation is planning to invest up to $4 billion in a project to create hydrogen through electrolysis powered by renewable energy, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker […]

    Air Products and Baker Hughes to Collaborate on Global Hydrogen Projects
    13 Jun 2021

     Air Products, a global company in industrial gases and megaproject development, and Baker Hughes, a firm that develops advanced hydrogen compression and gas turbine technology, have announced a strategic global collaboration. Their aim is to develop next-generation hydrogen compression to lower the cost of production and accelerate the adoption of hydrogen as a zero-carbon fuel […]