Nadhmi Al-Nasr, chief executive officer of NEOM, on Monday called on Tabuk Gov. Prince Fahd bin Sultan. During the meeting, the governor said the NEOM project is the focus of the entire world. He said the project will boost the pace of development in the Kingdom.
It will help strengthen the country’s economy, Prince Fahd said.
NEOM will include towns and cities, ports and enterprise zones, research centers, sports and entertainment venues, and tourist destinations. It will be the home and workplace for more than a million citizens from around the world.
Al-Nasr thanked the Tabuk governor for extending support to the project since its launch.
Backed by the Kingdom’s Public Investment Fund, NEOM will operate as an independent economic zone powered solely by regenerative energy, spanning three countries, complete with its self-governing laws and regulations and all strategically designed for economic stimulation.
Currently being developed in Tabuk, the northwest corner of Saudi Arabia that intersects Egypt and Jordan, NEOM is a pillar of Saudi Arabia’s Vision 2030.
NEOM mega-project will boost the pace of development in the Kingdom, says Saudi governor
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NEOM mega-project will boost the pace of development in the Kingdom, says Saudi governor
- NEOM will include towns and cities, ports and enterprise zones, research centers, sports and entertainment venues, and tourist destinations
Saudi and New Zealand foreign ministers discussed Mideast situation
RIYADH: Saudi Foreign Minister Prince Faisal bin Farhan discussed the current situation in the Middle East with New Zealand’s Foreign Minister Winston Peters, the Saudi Press Agency reported.
Peters expressed New Zealand’s condemnation of Iran’s indiscriminate attacks on the Kingdom and thanked Riyadh for its efforts to protect foreign nationals, including New Zealanders inside the Kingdom.
The Saudi military has shot down numerous missiles and drones fired by Tehran toward the Kingdom since the US and Israel began a large-scale military campaign against Iran on Feb. 28.
The Saudi Defense Ministry said early Tuesday that it had shot down a ballistic missile in the Eastern Province after knocking out several drones targeting the Shaybah oil field in the Empty quarter on Friday evening.
