Egyptian-Saudi agreement on the development of 1000 Km2 within NEOM in South Sinai

The visit of Prince Mohammed bin Salman, Crown Prince of Saudi Arabia to Cairo, marked the start of Egypt’s participation in the NEOM project. Egypt and Saudi Arabia signed a number of agreements to develop Egyptian land in South Sinai with a total area of 1000 square kilometers within the new Saudi city. (more…)

British “ARM” plans to build “NEOM” Smart City

The ambition of the NEOM project is a strong impetus for many international companies to share Saudi Arabia in building the City of the Future. The major companies from various investment sectors are scrambling to give to the construction of the $ 500 billion megacity.

In this context, the British company “Arm Holding” is in talks with the Saudi government (more…)

Russian Companies Will Join Saudi on energy investment at NEOM

Russian Minister of Energy Alexander Novak said that Russian corporations can participate within the Neom project, declaring that the visit of the defender of the two Holy Mosques to his country recently led to a rise of bilateral trade to quite 70th in one month only. (more…)

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