Located on the Red Sea, Port of Neom has undergone a significant transformation since it began operations in August of 2022. Situated within Oxagon, a sustainable, futuristic, high-tech industrial ...

(Bloomberg) -- Saudi Arabia replaced the executive that was overseeing its plan ... called Oxagon. Construction at the luxury destination dubbed Magna is expected to start in 2027. Neom opened ...

Saudi Arabia's massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of ... vast portfolio of projects including THE LINE, Oxagon, Trojena, Magna and The Islands of NEOM ...

Last week it had sealed a strategic deal with Data Vault for a $5 billion AI-powered green energy data storage facility at Oxagon. "NEOM is not just a city but an urban revolution designed to push ...

The Neom settlement project with the band city The ... had included unrealistic assumptions in the business plan. According to the investigation report, they were supported by employees of the ...

is central to Saudi Arabia's economic diversification plan dubbed "Vision 2030" and aimed at cutting dependence on oil revenue. NEOM says on its website that Oxagon is set to become an industrial city ...