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 ...

NEOM is Saudi Arabia’s ambitious megacity project, promising a futuristic lifestyle with a linear city called The Line, a floating industrial hub named Oxagon, and a high-tech ski resort known as ...

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 ...

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 ...

Hickey revealed that NEOM’s development efforts are concentrated on six regions: four tourism destinations—Trojena, Magna, The Islands, and the Nature Reserve—and two urban hubs, The Line and Oxagon.