neom saudi arabia news

Neom is an urban area being built by Saudi Arabia in Tabuk Province. Launched in 2017 by crown prince Mohammad bin Salman, the site is at the northern tip of the Red Sea, due east of Egypt across the Gulf of Aqaba and south of Jordan. The total planned area of Neom is 26,500 km². Multiple regions are planned, including a floating industrial comp…
Neom is an urban area being built by Saudi Arabia in Tabuk Province. Launched in 2017 by crown prince Mohammad bin Salman, the site is at the northern tip of the Red Sea, due east of Egypt across the Gulf of Aqaba and south of Jordan. The total planned area of Neom is 26,500 km². Multiple regions are planned, including a floating industrial complex, global trade hub, tourist resorts and a linear city powered by renewable energy sources. Saudi Arabia claimed that NEOM would create around 460,000 jobs and add an estimated $48 billion to the country's GDP. Thousands of people have been forcibly moved to make way for the project and villages have been razed.
  • Country: Saudi Arabia
  • Province: Tabuk
  • Announced: 24 October 2017
  • Founded by: Mohammed bin Salman
  • Time zone: UTC+03 (Arabian Standard Time)
Data from: en.wikipedia.org