It added that the untied facility from SACE expands and diversifies NEOM’s existing funding pool, supporting its long-term financing requirements for the development of major projects and regions – ...

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 ...

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 ...

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 ...

Headquartered in Saudi Arabia, with offices currently in the USA, Uzbekistan, India, and the UAE, DataVolt has strong global ambitions spanning across the Middle East, Africa, and Asia. DataVolt’s ...

The NEOM Green Hydrogen Company is constructing what it claims will be the world’s largest green hydrogen manufacturing plant in partnership with ACWA Power at the Oxagon industrial area. The project ...

Saudi Arabia's NEOM, a Red Sea urban and industrial development, has signed a deal with DataVolt to develop a 1.5 gigawatt (GW) net zero artificial intelligence project in its Oxagon industrial zone, ...

Rajit Nanda, CEO of DataVolt, added: “This agreement with NEOM and Oxagon underscores our unwavering commitment to support the Kingdom's vision of becoming a regional digital and AI hub. The Kingdom’s ...