Saudi’s NEOM sets up $10bn JV with Denmark’s DSV

[ad_1] Image credit: SPA Saudi Arabia’s $500bn flagship project NEOM on Tuesday set up a $10bn joint venture (JV) with Denmark’s DSV, the world’s third-largest freight forwarder, they said in…

Saudi Arabia NEOM Investment fund to hold 6% in Italy’s Technogym

[ad_1] The logo of Technogym is seen in a gym machine in Rome, Italy in this March 26, 2016. REUTERS/Tony Gentile/File Photo Acquire Licensing Rights ROME/MILAN, Dec 1 (Reuters) –…

Danish investors raise ESG concerns over DSV’s tie-up with Neom project

[ad_1] Return to search Local funds question logistics firm over human rights record and environmental impact of Saudi Arabia’s megacity project. To read this article, you need to sign in.…

Saudi Arabia’s stc group partners with Neom for satellite internet connectivity

[ad_1] Riyadh: Saudi mega project Neom’s tech subsidiary Tonomus partnered with stc group to secure a multi-year agreement for Low Earth Orbit (LEO) satellite connectivity in Saudi Arabia on Wednesday.…

Saudi Arabia’s NEOM invests $100 million in Pony.ai

[ad_1] “This investment aligns with the ambitious plans announced by NEOM to achieve autonomous transportation solutions for the region,” said Majid Mufti, CEO of NIF. “Pony.ai’s autonomous driving technology is…

Saudi Arabia’s NEOM Airlines to launch by 1Q25

[ad_1] NEOM Airlines (Neom Bay) will launch operations in late 2024 or by the first quarter of 2025 as a third state-owned airline in Saudi Arabia, albeit with a narrower…