NEOM and KAUST sign agreement to establish center for scientific excellence
NEOM and King Abdullah University of Science and Technology (KAUST) signed an agreement to establish a Center for Excellence in Science specialized in NEOM project research at the KAUST campus during a ceremony in Riyadh. (more…)
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…)
Saudi inventors generate electricity from vehicle’s tires for NEOM
A team of Saudi inventors has created a new system that can generate renewable electricity for use in the city of NEOM, the city to be built in the northern part of the Kingdom on the Red Sea coast, with funding of $ 500 billion. (more…)
Turkish EM: Neom transforms the Kingdom into a pioneering model
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. (more…)
NEOM’s sovereign laws will be within the framework of the Kingdom’s systems
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. (more…)
Will Israeli companies participate in the NEOM project?
Israeli companies have expressed their intention to invest in the project of the city of “NEOM” Saudi Arabia, announced by the Crown Prince, Mohammed bin Salman, is scheduled to be built on an area of 26.000 square kilometers and overlooking the Red Sea. (more…)
NEOM Tourism revenues may exceed oil revenues in the near future
Vice President of the National Tourism Committee Abdulrahman Al-Saneh said that the new project, launched by the Crown Prince HRH Prince Mohammed Bin Salman, is a huge project that will increase or increase tourism revenues on oil income. (more…)