At the LEAP 2025 event this week DataVolt and Neom signed a $5bn agreement to develop a 1.5GW data center campus in Neom’s Oxagon industrial area. The first 300MW phase of the site will reportedly go ...

Under the agreement, the project will be implemented in Oxagon, NEOM’s hub for clean and advanced industries, and will be executed in phases. The first phase will receive an initial investment of $5bn ...

NEOM has announced ... facility at Oxagon. “NEOM is not just a city but an urban revolution designed to push boundaries, redefine economies, and establish a new standard for future urban development,” ...

Oxagon is rapidly expanding its port facilities and laying the foundation for sustainable industrial innovation, emphasising advanced manufacturing systems and clean energy integration. Construction ...

The urban development project has often seemed pie-in-the-sky. A new "energy efficient" data center project promises more of ...

Saudi Arabia’s Neom, the megacity being developed on the Red Sea coast, secured a $5 billion investment from a local firm to ...

According to Hickey, more than 140,000 workers are currently engaged in the project's construction ... green energy data storage facility at Oxagon. "NEOM is not just a city but an urban ...

XCMG Construction Machinery Co. Ltd. 1.65% ¥94.53B Hitachi Construction Machinery Co. Ltd.-0.89% ¥805.31B Doosan Bobcat Inc. 4.38% ₩5.01T HD Hyundai Infracore Co. Ltd.-1.94% ₩1.75T HD ...

NEOM's first corporate ECA-backed financing was secured through a syndicate of nine international banks, including HSBC, Banco Bilbao Vizcaya Argentaria, Bank of China, Crédit Agricole CIB, ...

factory that will operate as an integrated data center in NEOM’s industrial city, Oxagon, with a total capacity of up to 1.5 gigawatts (GW). The development will take a phased approach, with phase one ...