The futuristic city is expected to start taking shape in 2020, with the main city opening five years later
Klaus Kleinfeld
Saudi King Salman holidays in still unbuilt mega city NEOM
NEOM – billed as a regional silicon valley – will draw investments worth $500 billion from the kingdom’s vast Public Investment Fund, as well as local and international investors
Saudi Arabia names Neom CEO as adviser to Crown Prince
Nadhmi Al-Nasr, who led the development of Neom Bay, the project’s initial stage, will take over as Neom’s CEO
Saudi’s $500bn NEOM to pioneer new age in mobility, says CEO
Klaus Kleinfeld reveals that a number of construction projects are underway, likely be completed by the end of summer 2018
Is Neom the answer to Saudi Arabia’s post-oil economy?
In terms of ambition it is unsurpassed: a $500bn city that straddles three countries, powered entirely by renewable energy, running on AI technology, and contributing $100bn to the kingdom’s GDP by 2030
Klaus Kleinfeld: the ‘Davos Man’ with the job of building Saudi’s $500bn city
Saudi Prince hands high-profile job of NEOM chief to ousted Arconic CEO