Skip to content Skip to Search
Skip navigation

Neom sets up company to work on Saudi food security

By Pramod Kumar
Neom's food company Topian has been launched with the support of the Saudi ministry of environment, water and agriculture Unsplash.com/Brooke Lark
Neom's food company Topian has been launched with the support of the Saudi ministry of environment, water and agriculture

Saudi Arabia’s $500 billion Neom giga-project has set up a food company to support the kingdom’s targets for food security and climate change mitigation.

Topian, which is wholly owned by Neom, will work on food production, distribution and consumption across five pillars: climate-proof agriculture, regenerative aquaculture, novel foods, personalised nutrition and sustainable food supply.

The company has been launched with the support of the Saudi ministry of environment, water and agriculture.  

Topian’s innovative approach will be a key driver in shaping the future landscape of a sustainable and secure food industry, said Neom CEO Nadhmi Al Nasr.

The company has signed local and international strategic partnership agreements, with specialists including King Abdullah University of Science and Technology, Tabuk University, Tabuk Fish Company, BlueNalu, Van der Hoeven Horticultural Projects, and Cargill.

The entity will collaborate on research-and-development initiatives and harness partners’ expertise to develop approaches to food production.  

Latest articles

STC wants to consolidate the mobile tower market

STC approves PIF purchase of telecom company

Shareholders of Saudi telecom giant STC have approved plans to create a new telecommunications infrastructure company in which the Public Investment Fund will have a 51 percent stake valued at SAR8.7 billion ($2.3 billion).  Under the deal, the STC-owned Telecommunication Towers Co. Limited (Tawal) will become a PIF subsidiary through a merger with Golden Lattice […]

Flavio Cattaneo of Enel, of which Endesa is a subsidiary, and Mohamed Jameel Al Ramahi at the signing of the deal

Masdar buys stake in Spanish utilities company Endesa

The UAE’s state-owned clean energy company Masdar has agreed to acquire a minority stake in Spanish electric utility business Endesa to partner for 2.5 gigawatts (GW) of renewable energy assets in Spain. Under the agreement, subject to regulatory approval, Masdar will invest nearly $890 million to acquire a 49.99 percent stake in Endesa, with an […]

UAE markets Hong Kong

UAE capital markets partner with Hong Kong exchange

The Hong Kong Stock Exchange (HKSE) has added the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) to its roster of recognised marketplaces. The move opens the door for UAE-based companies to pursue secondary listings on one of Asia’s premier financial markets. It also follows the inclusion of the Saudi Exchange (Tadawul) […]

Person, Worker, Adult

Aramco and PIF invest in Saudi-Chinese steel venture

Saudi Aramco and the Public Investment Fund have doubled their investment in a steel plate joint venture with a Chinese company to $500 million. The two Saudi companies each own 25 percent shares in the new venture in Ras Al Khair industrial city, Bloomberg reported, quoting a statement published on the Chinese stock exchange. Chinese […]