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.

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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

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Turkish EM: Neom transforms the Kingdom into a pioneering model

Saudi-Turkish Business and Investment Forum

Turkish Minister of Economy and Trade Nihad Zibekji participated in the Saudi-Turkish Business and Investment Forum in Istanbul in the presence of Saudi Minister of Trade and Investment Dr. Majid Al-Qasabi and a number of Saudi and Turkish businessmen. Nihad stressed during the meeting the importance of Saudi-Turkish integration in economic and development fields.

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NEOM’s sovereign laws will be within the framework of the Kingdom’s systems

meshal elrashdan

The Legal Counsel  Mishal Al-Rashdan focused on that the Saudi Crown Prince’s perspective of the NEOM venture is a far-reaching one. He didn’t neglect the lawful viewpoint, which concerns us as lawmen. He focused on that the sovereign laws of the task will be inside the system of Saudi law, such as resistance and national security. Psychological warfare and comparative dangers, and outside arrangement.

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