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NEOM Unveils New Luxury Coastal Destination – Magna

The Board of Directors of NEOM announced the launch of Magna, a luxurious coastal destination set along the stunning Gulf of Aqaba. Part of NEOM’s sustainable tourism portfolio, Magna encompasses twelve premier destinations: Leyja, Epicon, Siranna, Utamo, Norlana, Aquellum, Zardun, Xaynor, Elanan, Gidori, Treyam, and Jaumur.

Spanning 120 kilometers, Magna aims to establish a new global standard in luxury sustainable tourism. It is a physical manifestation of Saudi Vision 2030, focusing on cutting-edge technology, world-class architecture, and ultra-modern amenities that seamlessly integrate with the natural environment.

Distinct Yet Unified Destinations

Each of the twelve destinations within Magna offers a unique experience for residents and guests while collectively forming a cohesive, sustainable haven. The project emphasizes the conservation, preservation, and rejuvenation of native flora and fauna, highlighting the region’s breathtaking natural landscape. Planned development includes 15 luxury hotels, 1,600 hotel rooms, suites, and apartments, and over 2,500 premium residences.

A Vision for Tomorrow

“NEOM’s premier coastal region of Magna is a treasure of tomorrow, steeped in natural beauty and advanced technology,” said Nadhmi Al-Nasr, Chief Executive Officer of NEOM. “Aligned with our three pillars of redefining business, conservation, and livability, Magna will play a key role in building a strong tourism ecosystem within NEOM. Importantly, Magna will contribute positively to the national economic diversification efforts and to the broader Saudi Vision 2030 goals, helping to position the Kingdom as a global leader in luxury tourism.”

Economic Impact and Job Creation

Magna is set to significantly boost the Kingdom’s economy, creating 15,000 jobs across the tourism, leisure, and hospitality sectors. The development is projected to contribute SAR 2.6 billion to the Kingdom’s GDP by 2030, accommodate 14,500 residents, and attract more than 300,000 overnight visitors annually.

Opportunities for Investors and Developers

Magna presents a groundbreaking opportunity for investors and developers to participate in one of the world’s most pioneering projects. Sustainability is ingrained in every stage, from design and construction to long-term maintenance.

With Magna, NEOM not only aims to redefine luxury tourism but also to set a benchmark for sustainable development, ensuring that economic growth and environmental stewardship go hand in hand. The project aligns perfectly with the transformative goals of Saudi Vision 2030, promising a bright and prosperous future for the Kingdom.

About NEOM

NEOM is a visionary project aimed at redefining the future of urban living and sustainable development. Positioned along the Red Sea in northwest Saudi Arabia, NEOM is designed to showcase innovative solutions across various sectors, including tourism, energy, and technology, while promoting economic diversification and environmental sustainability.

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