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Trojena – Mountains of NEOM

March 3, 2022

TROJENA NEOM will offer year-round outdoor skiing and adventure sports to be completed in 2026, an unrivalled experience and a global landmark for the Kingdom of Saudi Arabia. Highlights include a stunning man-made freshwater lake and ‘The Vault’. It is a folded village fusing technology, entertainment and hospitality – as the main gateway into TROJENA.

TROJENA is part of NEOM’s regional plan, located 50km from the Gulf of Aqaba coast in the heart of our nature region – with elevations ranging from 1,500m to 2,600m and covering an area of nearly 60 square kilometers.

Capitalizing on the different climate in the area, where winter temperatures drop below zero celsius and year-round temperatures are generally 10 degrees cooler than the rest of the region – with its clear fresh air and stunning views, TROJENA NEOM will not only be a mesmerizing place to visit, but also a magical place to live and work.

TROJENA NEOM will redefine mountain tourism for the world by creating a place based on the principles of ecotourism, highlighting our efforts to preserve nature and enhance the community’s quality of life, which is aligned with the goals of the Kingdom’s Vision 2030. It also confirms our commitment to be part of the global effort to protect the environment. TROJENA NEOM will be an important addition to tourism in the region, a unique example of how Saudi Arabia is creating destinations based on its geographical and environmental diversity. This forward-looking vision will ensure that mountain tourism will be another revenue stream to support the Kingdom’s economic diversification while still preserving its natural resources for future generations.

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On completion, the development will also contain a broad range of homes. Including apartments, chalets and mansions plus hotels ranging from the ultra-luxury and experiential to wellness and family resorts. In addition, there will be a wide range of retail, leisure and dining options. Activities including year-round skiing, water sports, hiking and mountain biking will sit side by side with an interactive nature reserve.

TROJENA NEOM will become one of the most dazzling destinations in NEOM and across the world. Infused with the ethos of NEOM with its bold ambition, built around technology and innovation. It will follow the principles of sustainability, state-of-the-art technology and astonishing design. It will provide extraordinary opportunities for residents and visitors looking for luxury, adventure, entertainment, livability and escape from the everyday.

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Jeddah Central Project – Residential Property

February 11, 2022

Jeddah Central was designed with the cities history, heritage and culture at its core.

Jeddah Central provide an exceptional environment within which residents, workers and visitors can live, work and thrive. Enhancing lives for the better.

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Jeddah Central in Numbers

Hotel Rooms 2700 | Residential Units 17000 | Entertainment & Tourism Projects 10+ | Landmarks 4

The ancient past of Jeddah coupled with its authentic identity guide and inspire us in the creation of an innovative future for Jeddah Central. While our knowledge and experience provide us with the tools to ensure we can deliver this exciting project.

The Jeddah of today offers a unique blend and diverse landscape. We will celebrate and improve upon the current position to deliver a destination that celebrates not only our heritage, but also the hear and now.

The potential of Jeddah Central drives us and provides the impetus to create for the future and deliver on our aspirations. Leveraging our past, appreciating our present and looking to the future will ensure we can build an outstanding new destination

Jeddah Central will comprise of six distinct and exciting districts

Central District

The heart of Jeddah, the Central District will be a hub for local and international tourists. Providing them with the opportunity to connect with others and experience our rich culture in a cosmopolitan setting.

Marina District

Connecting Jeddah Central to the Red Sea will be the outstanding Marina District. Comprised of open green spaces seamlessly interacting with entertainment, retail and dining, the district will marry life on the waterfront with life on the open seas.

Beach District

Waterfront walkways connect visitors and residents to the superb retail, dining, entertainment and leisure facilities of the Beach District. This stylish neighbourhood will be the desirable address for those seeking a connection to the waters and sandy shores of the Red Sea.

Sport Park District

Providing the best in High-end family living, the Sports Park District sees a contemporary interpretation of Jeddah’s iconic architecture interspersed with superb private and public outdoor parks, plazas and courtyards that will invigorate the district and bring it to life.

Cultural & Creativity District

Vibrant and thriving, the Cultural & Creativity District will promote and support art, culture, innovation and sustainability. Securing Jeddah Central’s position as an internationally relevant destination.

Wellness District

This district will be developed into a medical and health center to include medical clinics, education, research and development centers and others to establish an advanced destination for health and knowledge.

www.neom-property.com

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Saudi Arabian F1 GP set for 2021 in Jeddah

November 11, 2020

Saudi Arabian F1 GP – In 2021, Saudi Arabia will become the 33rd country to host a round of the Formula 1 world championship when it showcases the inaugural Saudi Arabian Grand Prix. Here’s everything you need to know about this exciting addition to the calendar…

The inaugural Saudi Arabian Grand Prix will take place in the nation’s second-biggest city by population – Jeddah, on the west coast of the country. The race will be run on a street track, however there are plans for the Saudi Arabian Grand Prix to move to a purpose-built circuit at some point in the future.

Jeddah is a picturesque city of around 3.5 million people, situated on the beautiful Red Sea coast. The final track layout is still to be confirmed, but it’s set to be situated on the Corniche – a 30 km coastal resort area of the city. As such, the track is expected to hug the seafront, providing a stunning natural backdrop for the action.

As mentioned, the final track design has not been decided, but organisers say it will feature a good flow of long straights and tight corners, with no equivalent track on the calendar.

Organisers hope that the race will take place at night under lights, adding another layer of atmosphere. They expect the city to come alive with excitement for the race, with everyone coming together to celebrate a festival of F1.

Saudi Arabian F1 GP

Saudi Arabia has connections with F1 that stretch back to 1978, when the airline Saudia sponsored Williams, alongside a few other Saudi businesses. The investment proved a significant event in the team’s history, with the ‘Fly Saudia’ branded team winning their first world championships in 1980 with Alan Jones.

More recently, Saudi Arabia has played host to both Formula E and the Dakar Rally, while Saudi Aramco – the world’s leading integrated energy and chemicals company – are a global F1 partner, with both sides saying the partnership has the potential to further develop and accelerate plans towards a power unit fuelled by advanced sustainable fuels. No Saudi driver has ever raced in F1, but at the 2018 French Grand Prix Saudi woman, Aseel Al-Hamad drove some demonstration laps in a Renault F1 car, on the same day Saudi Arabia allowed women to obtain a driving licence.

It’s fair to say they the people of Saudi Arabia are excited about a Saudi Arabian F1 GP. In 2018, when Riyadh hosted Formula E, there were live music concerts and entertainment alongside the racing action, with over 40,000 people attending each of the three nights – a first for the country. With 70% of the population under the age of 30, Saudi people want to be like the rest the world – they want to go to the biggest live events, they want to have fun and they are embracing and welcoming new opportunities. Formula 1 has worked hard to be a positive force everywhere it races, including economic, social, and cultural benefits. Sports like Formula 1 are uniquely positioned to cross borders and cultures to bring countries and communities together to share the passion and excitement of incredible competition and achievement.

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Red Sea International awarded $35 million NEOM contract

October 26, 2020

Neom has announced that it has awarded a $35 million contract to Red Sea International for the design, build and facilities management of accommodation units, offices and all supporting building amenities within the giga-development.

According to a $20.7 million contract signed earlier this week, Red Sea International will provide engineering, procurement and construction services for accommodation units, offices and all supporting buildings in Neom. The four-month deal will be recorded over the period beginning from the fourth quarter of 2020 until the first quarter of 2021.

In addition, the recently signed $14 million contract will cover facilities management, operations and maintenance services for accommodation units, offices and all supporting buildings. This is a three-year contract, extendable for an additional cost, the company said in a statement to the Saudi Stock Exchange (Tadawul). It also added that the new deal will be reflected in the financial statements over the period beginning from Q1 2021 to Q4 2023.

Red Sea International

Under the terms of the contract, the scope of work will include comprehensive facility management and camp operations services including catering, housekeeping, laundry maintenance, medical, security and recreational services.

Located on the Red Sea coast, Neom is a $500 billion investment and part of the Kingdom’s Vision 2030, which aims to attract foreign investment and create jobs in an effort to reduce the kingdom’s dependence on oil. The first phase of the giga-project will end in 2025, and the whole project is expected to be completed with a period of 30 to 50 years.

Saudi Arabia Giga Projects are beginning to gather pace as they look to unlock the full potential of their countries natural environments and open the doors to international investment, tourism and high-end luxury resorts. The prospect of Real Estate and Property investments is huge.

www.neom-property.com

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Saudi Arabia

NEOM Bay Airport first flight arrives…

August 3, 2019

NEOM Bay Airport welcomed its first Saudi Arabian Airlines flight. NEOM, a $500 billion megacity in the Kingdom’s northwest, is a key part of Saudi Arabia’s 2030 vision to diversify its economy and boost international business ties.

Passengers travelled to NEOM Bay Airport on two Airbus A320 planes to familiarise themselves with the area as they are working on the project.

NEOM CEO Nadhmi Al-Nasr said: “We wanted our employees to experience the project which they have been working on to make a success since its inception last year.

There is a big difference between knowing the details of the project in theory and visiting it practically, exploring its treasures, beauty, and heritage.”

He thanked Saudi Arabian Airlines for facilitating the trip, and said he looked forward to further cooperation with them and with other transport companies to serve NEOM residents and visitors in the future.

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50 Islands Red Sea Luxury Resort in Saudi Arabia

February 20, 2018August 30, 2018

Saudi Arabia has launched a massive tourism development project that will turn 50 islands and other sites on the Red Sea into luxury resorts.

It hopes to attract both foreign tourists and domestic visitors as part of efforts to diversify the Saudi economy, as oil prices have fallen.

Visa restrictions on foreigners are to be eased in the tourist zone.

However, it is not clear whether dress codes and other restrictions in the conservative kingdom will be relaxed.

Alcohol, cinemas and theatres are prohibited in Saudi Arabia.

Women must wear loose-fitting, full-length robes known as “abayas” in public, as well as a headscarf if they are Muslim. They are not allowed to drive and often require a male guardian’s permission to study or travel abroad.

Construction of the new resorts is due to start in 2019. The first phase will include developing a new airport as well as luxury hotels and housing, and is expected to be complete in 2022.

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NEOM Real Estate & Property in Saudi Arabia

December 13, 2017December 13, 2017

NEOM Real Estate – the next big property boom?

Saudi Arabia’s drive towards indepence from oil by 2030 is rapidly taking shape with economical and social reforms. None more so than the $500 Billion Dollar Mega City project NEOM. Set to be the jewel of the Middle East for its innovation in how future civilisations will evolve and be nutured, NEOM plans to implement the very latest technologies and scientific research the world has ever seen.

With the development of NEOM comes huge Property and Real Estate opportunities on a scale never witnessed before. Commercial and Resdiential properties will see rapid growth both in development and value.

NEOM-Property.com remains at the forefront of Saudi Arabia’s property NEOM project as the source for these early opportunities in this dynamic real estate market.

Subscribe to us to stay ahead and capitalise on the next world property boom.

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Siemens eyes role in development of Saudi Arabia’s $500b…

November 7, 2017August 30, 2018

NEOM MEGA-CITY: Siemens, is in talks with Kingdom of Saudi Arabia for a role in the development of Neom, the $500b special economic zone announced by the kingdom last month.

Siemens has a long established relation with Saudi Arabia and it is getting prepared to help Opec’s biggest oil producer achieve its economic diversification goals.

Neom is part of the Vision 2030 goals and cooperation between the kingdom and Siemens on how to assist and help the kingdom in achieving their goal.

Saudi Arabia, which is heavily dependent on sale of hydrocarbons for revenues, is pursuing a fiscal and economic reform agenda under the overarching Vision 2030 programme and aims to open up the biggest Arab economy to foreign investment. Crown Prince Mohammed Bin Salman, senior ministers and government officials hosted the who’s who of the global financial and business elite for three days in Riyadh last month and launched Neom Mega-city, on day one of the Future Investment Initiative.

The metropolis overlooking the the Red Sea to the south and the Gulf of Aqaba to the west, will be backed by more than $500bn from the kingdom’s coffers, investments by its sovereign wealth fund Public Investment Fund (PIF), and local as well as international investors. Saudi Arabia is set to bring a major global fund with access to a worldwide network of investors and major companies on board to drive the success of Neom.

Spanning 26,500 square kilometres, Neom’s land mass will extend into Egypt and Jordan, making it the first private zone to cover three countries. It will focus on nine specialised investment sectors including energy and water, mobility, biotechnology, food, technological and digital sciences, advanced manufacturing, media and entertainment.

Prince Mohammed dubbed Neom Mega-City a “place for dreamers”, a project that will be built with the newest technologies.

Siemens has the ability to provide Neom with solutions for affordable, reliable and sustainable power; efficient network of transportation; security and safety; water and waste water management and sustainable efficient buildings.

www.neom-property.com

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