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Tag: NEOM

Latest
  • Web Desk Karachi
  • May 23, 2025
$84 billion Neom Green Hydrogen Initiative struggles to secure global offtake agreements

All of the hydrogen from the project was originally intended for export as green ammonia, but with only one committed buyer lined up, it is shifting focus to local consumers to fill the gap.

The Neom project in Saudi Arabia faces significant financial and operational challenges as costs escalate.
Latest
  • WEB DESK
  • March 12, 2025
Neom: Mega Saudi Arabia project faces financial woes

The initial phase, envisioned to be completed by 2035, is estimated to necessitate $370 billion, with the government having already committed $50 billion.

Latest
  • Web Desk Karachi
  • February 27, 2025
Saudi Arabia tops global trust rankings with 87pc confidence in government

The United Arab Emirates (UAE) also achieved notable success in the rankings, securing the third spot worldwide with a government trust rate of 74 percent, placing it behind Saudi Arabia and China.

Latest
  • Web Desk Karachi
  • January 7, 2025
Saudi Arabia starts 2025 with a $12 billion bond and PIF loan, reports Bloomberg

The government budget is forecast to remain in deficit for the next few years at least, meaning it has to rely more on borrowing.

Saudi Neom project
  • WEB DESK
  • May 9, 2024
Saudi forces ‘permitted to kill’ for new eco-city

The area where Neom is being built has been described as the perfect “blank canvas” by Saudi leader Crown Prince Mohamed bin Salman.

Nespak NEOM
Latest
  • WEB DESK
  • September 22, 2023
Nespak secures NEOM contract in Saudi Arabia

The project focuses on the energy sector and had been awarded by the Saudi Electric Company (SEC)

Latest

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  • WEB DESK
  • August 3, 2026
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  • WEB DESK
  • August 3, 2026
Lahore declares local holiday to mark Hazrat Data Ganj Bakhsh Urs
Critics condemn reported restrictions on Al Jazeera in Pakistan
  • WEB DESK
  • August 3, 2026
Critics condemn reported restrictions on Al Jazeera in Pakistan
Goods transport alliance announces nationwide strike from Aug 8
  • WEB DESK
  • August 3, 2026
Goods transport alliance announces nationwide strike from Aug 8
Former senator Mushtaq sent on physical remand over AJK solidarity rally
  • WEB DESK
  • August 3, 2026
Former senator Mushtaq sent on physical remand over AJK solidarity rally
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