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No Palestinian state? No normalization with Israel, Foreign Ministry says
Plus: Neom opens a New York office and we have a new tourism target for 2030
Neom set to tender USD 8 bn residential project
Bidders will soon be able to submit their requests for proposals (RFP)
Jabal Omar lands a SAR 1.9 murabaha facility. PLUS: Tourism, renewables, energy, construction.
A two-year facility backed with a FinMin guarantee
Real estate accounted for 12.2% of non-oil GDP in 9M 2023. PLUS: Debt, technology, hospitality, and construction news
Real estate funds also currently have SAR 170 bn of assets under management
Advertising and sports this morning…
PLUS: Keir g ets contract to build staff housing in Neom
Neom taps Webuild for Trojena lakes project
The contract is estimated at SAR 20 bn
Dig deeper…
The port of Neom situated on the Red Sea through which 13% of global trade passes
News from Neom, Sabic, Alkhorayef Water, Acwa Power and more. PLUS: HRSD makes fines for labor law violations “proportionate” to size of business
Alkhorayef Water lands SAR 2.2 bn wastewater contract
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