NGHC seeks top talents to power up future of energy

An equal joint venture between ACWA Power, Air Products and NEOM, the green hydrogen plant at Oxagon will produce up to 600 tonnes of carbon-free fuel daily by 2026.
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Updated 21 August 2024
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NGHC seeks top talents to power up future of energy

NEOM Green Hydrogen Company, the company building the world’s largest green hydrogen plant at Oxagon, in Saudi Arabia’s northwestern region of NEOM, has announced a significant recruitment drive for its construction and operations phases. This initiative aims to build a strong, talented team across various functions, including corporate, EHSS, risk, operations and maintenance, finance, IT and cybersecurity, as the construction of the green hydrogen plant continues to progress on schedule.

In support of these efforts, NGHC recently held its inaugural virtual career fair over two days, which saw more than 9,000 registrations. This demonstrates significant interest and engagement from applicants in the Kingdom eager to join this groundbreaking project and be part of the energy transition in Saudi Arabia. The event provided an opportunity for participants to speak with NGHC’s talent acquisition team and hiring managers and learn more about the available career opportunities.




Wesam Alghamdi, CEO of NEOM Green Hydrogen Company

Wesam Alghamdi, CEO of NGHC, emphasized the importance of the recruitment drive in the company’s development, saying: “NGHC’s mission aligns with Saudi Vision 2030’s goals of economic diversification and sustainability. By bringing together top talent from Saudi Arabia and around the world, we are building a skilled team to deliver the world’s largest green hydrogen plant and kick off operations, setting the stage for a cleaner and more sustainable energy future. We are also committed to working closely with universities in the Kingdom to encourage young people to take up roles in our exciting industry.”

NGHC is committed to attracting both local and global talent to contribute to its ambitious project. This recruitment drive underscores the company’s dedication to developing world-class teams and fostering a diverse workforce. As of early August, 16 percent of NGHC’s workforce is female, and 43 percent of all staff are Saudi nationals. NGHC is focused on nurturing local talent through future partnerships, initiatives, and training programs designed to enhance the skills and capabilities of the entire Saudi workforce.

NGHC’s mission and vision align with the global energy transition toward sustainability, with green hydrogen playing a crucial role in reducing carbon emissions. An equal joint venture between ACWA Power, Air Products and NEOM, the green hydrogen plant will produce up to 600 tonnes of carbon-free fuel daily when fully operational at the end of 2026, marking a significant milestone in the journey toward a greener future. The green hydrogen will be transported in the form of green ammonia by the exclusive 30-year off taker Air Products and will be used in hard-to-abate sectors including heavy industry and transportation. When operational, NGHC’s green hydrogen plant will save the planet up to  5 million tonnes of CO2 annually.

As NGHC continues to build and develop its team, the company remains on track to reach full production by the end of 2026, propelling NGHC to become a global leader in the green hydrogen sector.


Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Updated 27 January 2026
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Al-Saedan launches $400m investment platform for real estate, digital infrastructure

Al-Saedan Real Estate Company of Saudi Arabia, in collaboration with Serpentine Lake Capital of the UK and SGI Real Estate of Canada, have announced the establishment of a joint development and investment platform under the name SL Property. The platform will develop commercial, residential, and hospitality projects, alongside infrastructure and data center projects, across the Kingdom. It reflects the growing international interest in Saudi Arabia’s real estate and digital infrastructure markets and supports the development of high-quality, long-term assets within the Kingdom.

The agreement signing ceremony was held under the patronage of Minister of Municipal, Rural Affairs and Housing and Chairman of the Real Estate General Authority Majid bin Abdullah Al-Hogail, as part of the Future of Real Estate Forum, in which Al-Saedan Real Estate participated as a strategic sponsor. The ceremony was attended by Dr. Badr bin Ibrahim bin Saedan, chairman of the board of Al-Saedan Real Estate; Ahmed bin Ibrahim bin Saedan, vice chairman of the board of Al-Saedan Real Estate; Ben Mikola, representative of Serpentine Lake Capital and SL Property; and Hassan Al-Shawwa, representative of SGI Canada.

The attendance reflects the strategic importance of the initiative and the continued support of the authority in facilitating the attraction of high-quality international investments into the Kingdom’s real estate and digital infrastructure sectors.

This development follows the issuance of the Regulation on Real Estate Ownership by Non-Saudis in Saudi Arabia, which came into effect in January. The updated regulatory framework is expected to expand access to international investment, facilitate foreign investor participation in strategic sectors, and increase the depth of institutional capital flowing into the real estate, infrastructure, and data center sectors in the Kingdom.

The platform is targeting initial joint investments of SR1.5 billion ($400 million) in partnership with Al-SaedanReal Estate, representing the first phase of a broader, multi-stage investment program. In its initial phase, SL Property — Al-Saedan intends to invest in six to eight projects across real estate, infrastructure, and data centers, with additional opportunities anticipated as the platform’s activities expand in the future.

The initial projects will be concentrated in Riyadh and Jeddah, and will include mixed-use developments, commercial assets, residential projects, and infrastructure related to data centers. These projects are designed to be scalable, sustainable, and aligned with national development priorities, including housing expansion, enhancement of urban quality of life, hospitality sector growth, and strengthening the Kingdom’s digital services capabilities.

Al-Saedan Real Estate is one of the oldest private real estate development companies in Saudi Arabia, with more than 80 years of operational experience and a strong track record that includes the development of seven major integrated urban communities, in addition to numerous commercial, hospitality, and associated infrastructure projects.

The SL Property platform will serve as a dedicated investment vehicle for this initiative, with Serpentine Lake Capital contributing its asset management expertise, and SGI Real Estate providing its specialized real estate sector experience. The platform’s structure is intended to combine local development capabilities with disciplined international investment practices and robust governance standards.

This initiative aligns with the Kingdom’s economic diversification objectives and reflects growing confidence in the updated regulatory framework governing the real estate and digital infrastructure sectors. As the platform evolves, it is expected to provide both local and international investors with access to high-quality investment opportunities across the real estate and data center sectors throughout the Kingdom.

Dr. Badr bin Ibrahim said: “At Al-Saedan, we are pleased to be among the first beneficiaries of the promising new foreign investment system. Following our success in raising several local investment funds, we look forward to expanding our expertise and partnerships at a global level.”

Mikola added: “We are pleased to partner with Al-Saedan, whose strong track record provides a solid foundation for this collaboration. As the platform develops, we expect to explore opportunities to expand into real estate and infrastructure projects within the Kingdom of Saudi Arabia and beyond. The Kingdom represents a fast-growing market driven by clear structural factors, and we look forward to developing high-potential opportunities through a disciplined and focused approach.”