Saudi’s NEOM Project

Saudi Arabia aims to develop an economic region called NEOM. The government has established an joint stock company belonging to the Public Investment Fund. NEOM project is part of Vision 2030. The 26.500 square kilometre high tech hub will include high tech projects powered by wind and solar energy and sports halls, concert facilities. The […]

Saudi Arabia announces first phase of NEOM project starts

Saudi Arabia announced that it will start developing the first urban area of NEOM, the Kingdom’s planned $500 billion mega city. Prince Mohammed bin Salman approved the masterplan concept for NEOM Bay. It will include homes, lifestyle and tourist facilities and innovation centers. The development is expected to focus on luxurious living, and will include […]