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NEOM firm signs credit facility deals with banks for green hydrogen plant

RIYADH: NEOM Green Hydrogen Co. has signed credit facility agreements with local, regional and international banks, along with the execution of a commitment letter with the Saudi Industrial Development Fund to build a green hydrogen-based ammonia production plant. To be located at $500-billion Giga-project NEOM, the plant will integrate up to 4 gigawatts of solar and wind

NEOM seeking investors for $20bn brine complex in OXAGON

RIYADH: Saudi Arabia’s $500-billion megaproject NEOM is negotiating with entities to invest $20 billion to develop its planned brine chemicals complex in the industrial city OXAGON, according to a report. Citing a close source familiar with the matter, MEED reported that the development will be built in phases and require somewhere between $15 billion to $20 billion in

Saudi Arabia s industrial sector can expect boost into 2023 - Al-Monitor: Independent, trusted coverage of the Middle East

NEOM to build a desalination plant by 2024 to quell water paucity: Official

RIYADH: NEOM, Saudi Arabia’s smart and sustainable city, will build a water desalination plant by 2024 to combat water scarcity, revealed the CEO of its water and energy subsidiary ENOWA. Speaking on the sidelines of the Future Desalination International Conference held in Riyadh, ENOWA’s CEO Peter Terium told Arab News that the project would also undertake the ambitious task

Al Jubail water desalination plant to become the world s largest: Metito MD

Al Jubail water desalination plant to become the world s largest: Metito MD
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