Neom will be led by the country’s sovereign wealth fund, which is the GCC’s largest project developer
Neom City Saudi Arabia
NEOM
Saudi Arabia to begin building homes in futuristic city Neom
Saudi Arabia plans to start work on Neom Bay in the first quarter this year
India
Indian delegation chases deals on Saudi Arabia’s $500bn Neom City
Indian infrastructure and real estate firms to embark on two-day visit to Riyadh, seeking Neom City opportunities
eco-tourism
Saudi Arabia reveals plan for new eco-tourism project
Public Investment Fund says it will set up a company to work on the Wadi Al Disah Development Project
Neom CEO Nadhmi Al-Nasr
Saudi Arabia’s $500bn NEOM project ‘progressing well’, says CEO
Nadhmi Al-Nasr says team behind Red Sea coast mega project is working ‘day and night’ to bring it to reality
neom advisory board
Saudi govt appoints global advisory board to oversee mega-city Neom
The 18 members of the board come from a diverse range of backgrounds including urban planning, architecture, design, technology, sustainability, energy and manufacturing
Dubai Aviation Engineering Projects
Saudi’s PIF is GCC’s largest project developer with $534bn pipeline
Seven of the GCC’s top 10 project developers are from Saudi Arabia, and PIF leads the list with assets such as Neom, Rou’a Al Haram, and Rou’a Al Makkah
Aramco IPO
Opinion: what MBS should do next to keep Saudi reforms on track
Saudi crown prince needs to reassure foreign investors as well as his own countrymen that he has not lost sight of his reform agenda
Crown Prince Mohammed bin Salman
Opinion: Saudi Arabia’s problem is capital, not Canada
As Saudi Arabia raises the stakes in its dispute with Canada, the economic fallout could worsen an already serious issue for the kingdom – capital flight, says Bloomberg’s Karen Young
Crown Prince Mohammed bin Salman
Neom Airport planned for Saudi Arabia’s $500 billion mega-city
The futuristic city is expected to start taking shape in 2020, with the main city opening five years later
cement
Saudi cement firms raise output for $500bn Neom City project
Tabuk Cement and Hail Cement, both located in Saudi Arabia’s northern region, have increased output almost every month this year