NEOM

What We Know About Neom, Saudi Arabia’s New Planned Mega-City

Discover Neom
Saudi Arabia's new massive planned city, Neom, is set to be the most ambitious undertaking of Saudi Arabia's ambitious reform plans to-date. Here's what we know about Neom so far.

Saudi Arabia

News, analysis, and more

Islam

Saudi crown prince promises ‘a more moderate Islam’

As his country experiences the early pangs of a cultural and economic transformation, Saudi Arabia's crown prince vowed Tuesday to destroy "extremist ideologies" in a ...

 

Neom

Saudi Arabia announces plans for $500 billion city ‘Neom’

The project, dubbed Neom, will be built on untouched land along the country's Red Sea coastline near Egypt and Jordan and will span three countries. The ...

 

'Mecca'

WATCH: Saudi Crown Prince corrects ‘two Meccas’ misunderstanding on stage

Prince Mohammed quickly jumped in, pre-empting the fact that many may not understand that Mecca also implies a country’s focal point or hub, not just ...

 

Blackstone and PIF

Blackstone CEO Says There Is Scope to Invest With PIF

Stephen Schwarzman, chief executive officer at Blackstone Group, discusses the company's infrastructure fund and their partnership with Saudi Arabia's PIF. ...

 

Energy

Saudi minister says global energy demand expected to jump 45% by 2050

Saudi Arabia's minister of energy said population growth and rising living standards across most of the developing world would see energy demand continue to soar ...

 

Investment Licenses

Saudi foreign investment licenses rise by 77%

According to data released by the General Authority for Investment in Saudi Arabia, licensed capital increased by 385 per cent to 1.502 billion riyals ($400.5 ...

 

Labor

Expats in Saudi Arabia will only be allowed to obtain 1 year work visas

The validity of expat work visas for private sector employees in Saudi Arabia has been reduced from two years to one year, Saudi Gazette reported ...

 

Citigroup

Citigroup plans hiring drive as it re-enters Saudi Arabia

Citigroup wants to hire up to 20 bankers in Saudi Arabia, where it plans to formally begin operations in the first quarter after obtaining an ...

 

Saudi-UK

UK sales to Saudi Arabia reach $1.4 billion in 2017

UK sales of weapons and military equipment to Saudi Arabia topped $1.4 billion in the first half of 2017, according to newly released government statistics. The ...

 

Industry

Saudi Aramco, SABIC receive bids for oil-to-chemicals project

Saudi Aramco and Saudi Basic Industries Corp have received project management consultancy bids for a planned joint venture oil-to-chemicals project, industry sources said. ...

 

Air Travel in Saudi

Saudi Arabia’s flyadeal to seek bids on 50-aircraft order within month

Flyadeal, the low-cost airline owned by the national airline of Saudi Arabia, will issue a request for proposal (RFP) bids for 50 aircraft in the ...

 

Yasir Al-Rumayyan

Saudi Sovereign Fund CEO on Investment Strategy

Saudi Public Investment Fund CEO Yasir Al-Rumayyan says he will grow assets under management to more than $2 trillion by 2025 and is targeting a ...

 

Saudi +

Regional and related topics

Qatar Dispute

US may intervene in Qatar crisis as fears grow over long-term rupture

The US is concerned that the four month-long dispute involving its chief allies in the region is entrenching divisions and may end up forcing Qatar ...

 

U.S.-Pakistan

Tillerson in Pakistan with a tough message on ‘safe havens’

US Secretary of State Rex Tillerson is in Pakistan to deliver a tough message on the importance of fighting extremists and driving them from hideouts ...

 

Anti-ISIS Campaign

Iraq readies for final offensive on Islamic State near Syrian border

Iraqi forces are about to launch an offensive to recapture the last patch of Iraqi territory still in the hands of Islamic State, the military ...

 

Afghanistan

Kabul welcomes the Afghan warlord who once shelled its citizens

hen Gulbuddin Hekmatyar, a fugitive Afghan warlord and former ally of al-Qaida and the Taliban, returned this year to the city he had once showered ...

 

Iran in the Region

Iran, Syria Make Plans for Closer Military Cooperation

Iran and Syria are developing even closer defense ties as is evident in the recently concluded visit to Damascus by Chief of Staff of the ...

 

Syrian Opposition

NSA Document Says Saudi Prince Directly Ordered Coordinated Attack By Syrian Rebels On Damascus

Qatari- and Turkish-sponsored groups tended more toward Islamist ideology, while those supported by the United Arab Emirates and Saudi were either non-Islamist or adhered to ...

 

Boeing Iran Sale

Trump Admin Expected to Kill Landmark Boeing Plane Sales to Iran

The Trump administration is said to be viewing the sales with an increasingly critical eye and is moving, at this point, toward killing the sales, ...

 

Iran

Iran sentences ‘Mossad agent’ to death over scientist killings

At least four scientists were killed between 2010 and 2012 in what Tehran said was a program of assassinations aimed at sabotaging its nuclear energy ...

 

Cyber Security

Trump Administration Plans a New Cybersecurity Strategy

Those three components are: improving the security of federal government computer networks; leveraging government resources to better secure critical infrastructure, such as hospitals, banks and ...

 

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