Connect with us

World

‘Discover NEOM’ tour kicks off In Saudi’s Jeddah to promote $500 bln mega project


NEOM has kicked off its Discover NEOM tour in Jeddah to promote investment opportunities in the $500 billion mega project in Saudi Arabia’s Red Sea.

With NEOM having moved to the building phase of the project and the first destination – Sindalah – due to open its doors in 2024, the tour, which will take place in cities in around the Kingdom, forms part of NEOM’s ongoing efforts to highlight the rapid progress it has been making across its various sectors and across NEOM regions including THE LINE, TROJENA, OXAGON and Sindalah Island.

For all the latest headlines follow our Google News channel online or via the app.

The opening of the Discover NEOM KSA tour in Saudi Arabia’s second-largest city saw several industry pioneers, entrepreneurs and prominent investors meet with top executives from NEOM to explore future opportunities.

The meetings offered attendees engaging discussions to learn how the project is accelerating human progress, driving ground-breaking innovation and attracting the brightest minds from the Kingdom and the world – pioneers who are aiming to serve as an engine for the Kingdom’s economy, create jobs, support the country’s progress and augment its non-oil GDP.

The various talks discussed in detail how NEOM will redefine sectors based on the circular economy, champion the best sustainability practices and preserve natural resources.

NEOM CEO Nadhmi Al-Nasr said: “Through this tour and our insightful meetings with some of the Kingdom’s top companies and investors, we reaffirm our commitment to sharing NEOM’s unique vision and strategic objectives to achieve exceptional livability and thriving businesses, redefine sustainability, and develop key economic sectors, in line with Saudi Vision 2030.”

“Our meetings have also highlighted the progress that NEOM has been witnessing across its projects. NEOM is a global project of unprecedented scale that puts people first and offers them a comfortable and enjoyable community with the highest quality of life while preserving the natural environment. Being a living research and innovation hub that will redefine livability, urban planning, and various industries by adopting the latest technologies, NEOM presents massive business and investment opportunities and the chance to take part in creating the new future.”

During the Jeddah visit, top executives from NEOM revealed details about the tangible progress in the construction of its futuristic cities and the development of its regions, in addition to showcasing the investment opportunities available for local companies and entrepreneurs across all sectors. The discussions particularly focused on the projects supporting NEOM’s tourism sector including its new luxury island Sindalah which is set to rival top global tourist destinations such as the likes of Monaco and Athens with its year-long luxury offerings.

With its first visitors expected in early 2024, the new luxury tourist destination will be home to a vibrant, world-class marina and yacht club, positioning itself as a new addition to the international yachting season.

A main gateway to the Red Sea, Sindalah Island is home to approximately 2,000 different marine species, many of which are exclusive to the Red Sea and cannot be found anywhere else in the world.

“By meeting with industry leaders and investors, we aim to present the various investment opportunities available across NEOM’s key economic sectors and to build strategic partnerships that can accelerate development in all its regions,” said Rayan Fayez, NEOM’s Deputy CEO. “NEOM represents our ambition to create a better future that flourishes with innovation and prosperity.”

“As our projects continue to take shape with achievements and rapid progress, even more opportunities will be ripe for potential partners. Over the upcoming period, we will be meeting with more business leaders and investors in the Kingdom’s Eastern Province and its capital Riyadh, to promote valuable investment opportunities in NEOM.”

NEOM has organized several Discover NEOM tours and roadshows globally, including in the US, the UK, France and Germany.

Read more:

NEOM: Video shows progress on Saudi Arabia’s $500 bln mega-project

NEOM’s hiring: How to get a job at Saudi Arabia’s $500 billion mega project

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

World

Crown Prince of Abu Dhabi meets with CEOs of leading Norwegian companies

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has met with a group of CEOs from leading Norwegian companies, as part of their participation in the UAE-Norway Investment Forum, held alongside his official visit to the Kingdom of Norway.

During the meeting, H.H. Sheikh Khaled bin Mohamed bin Zayed underscored the UAE leadership’s commitment to strengthening economic cooperation with its international partners.

He highlighted that investment in innovation and knowledge is a cornerstone for achieving sustainable development, noting that enhancing collaboration with Norwegian companies across key sectors will open new avenues for mutual economic growth between the two countries.

The UAE-Norway Investment Forum, taking place in Oslo, aimed to highlight available investment opportunities and strengthen trade relations between the UAE and Norway, fostering shared interests and supporting innovation and knowledge-based economic visions.

-wam

Continue Reading

World

At the Indonesia International Book Fair 2024, TRENDS inaugurates 10th global office, releases four books

As part of its Asian research tour, partnership with Aletihad News Center, and
primary sponsorship of the Indonesia International Book Fair 2024, TRENDS
Research & Advisory inaugurated its office in Jakarta, marking its 10th location
worldwide. It also released four books in Indonesian.
The inauguration event was attended by ambassadors of the UAE, Bahrain, and
Jordan to Indonesia, chairpersons of the UAE and Indonesian Publishers’
Associations, the Director of TRENDS’ Jakarta office, and a group of researchers
and academics.
Speaking at the event, Dr. Mohammed Abdullah Al-Ali, CEO of TRENDS
Research & Advisory, stated that TRENDS’ international offices—set to reach 15
by the end of 2024—aim to enhance the Center’s research efforts and deepen its
role in disseminating knowledge, thus serving as a global knowledge bridge.
He emphasized, “At TRENDS, we believe in the importance of cooperation
between think tanks and prioritize this endeavor. We believe the TRENDS office in
Jakarta will enhance the exchange of knowledge and ideas between think tanks in
Asia and the Middle East, opening new horizons for collaboration in various
fields.”

Four books in Indonesian
As part of the Jakarta office’s inaugural activities, four books were released in
Indonesian, including the 11th and 12th books of the Muslim Brotherhood
Encyclopedia and Global Trends in AI and Automation and the Future of
Competition between Man and Machine: An Analytical Forward-looking Vision.

Hostility to Arab states
The 11th book of the Muslim Brotherhood Encyclopedia, The Concept of the State
According to the Muslim Brotherhood, highlights its hostile stance toward Arab
states since its inception. The group views them as an obstacle to its ascent to
power. It opposed the modern principles upon which these states were built,
considering them incompatible with the group’s unique interpretation of Islam,
which it claimed to embody exclusively.

Exclusion of nonconformists
The 12th book, The Muslim Brotherhood: Rejection of Tolerance and Exclusion of
Nonconformists, examines the Muslim Brotherhood’s stance towards
nonconformists, individuals, and entities. The book reveals the group’s binary view
of the world, categorizing others as allies or adversaries. It ties these relationships
to the Brotherhood’s internal power struggles and self-serving interests.

Global Trends in AI
The third book, Global Trends in AI, explores significant developments in AI and
its impact on various aspects of life, including the economy, society, and
governance. It also offers a comprehensive analysis of technological advancements
in AI, its applications across sectors, the ethical and social challenges it presents,
and its future trajectory.

Automation

The fourth book, Automation and the Future of Competition between Man and
Machine: An Analytical Forward-looking Vision, addresses the growing challenges
faced by the human workforce in the face of widespread automation and AI
applications. The book concludes that while automation presents a significant
challenge to the labor market, it simultaneously creates new opportunities. It
emphasizes the importance of preparing for this shift through skills development,
continuous education, and adopting economic and social policies that support the
workforce.

Prominent pavilion and active presence
The TRENDS’ pavilion at the Indonesia International Book Fair has attracted
numerous visitors, including academic researchers and officials, such as the
ambassadors of the UAE, Bahrain, Qatar, Jordan, and Turkey. Additionally,
chairpersons of Arab and Indonesian publishers’ associations, authors, publishers,
and students visited the pavilion. All were impressed with and praised TRENDS’ diverse, valuable publications. They also commended TRENDS’ active
international presence and ability to address global developments with rigorous
analytical research.
Dr. Mohammed Abdullah Al-Ali honored the esteemed guests, including
ambassadors of the UAE and Bahrain to Indonesia, Wedha Startesti Yudha,
Chairperson of the Indonesia International Book Fair Committee, Arys Hilman
Nugraha, Chairman of the Indonesian Publishers Association, and others,
presenting them with TRENDS’ publications and commemorative shields.
Additionally, he awarded TRENDS’ Research Medal to Ni Made Ayu Martini
Indonesian Deputy Minister of Marketing, Tourism and Creative Economy
It is worth noting that during its current Asian research tour, TRENDS announced
the launch of the TRENDS Research Medal, awarded to individuals who make
significant contributions to the development of scientific research and promote collaboration with TRENDS in strengthening a culture of research across various fields.

Continue Reading

World

US determined to prevent full-scale war in Middle East, Joe Biden tells UNGA79

US President Joe Biden highlighted the US Administration’s determination to prevent a wider war that engulfs the entire Middle East region, noting that a diplomatic solution “remains the only path to lasting security to allow the residents from both countries to return to their homes on the border safely”.

In remarks he made today before the 79th Session of the United Nations General Assembly (UNGA79), the US President said, “Full-scale war is not in anyone’s interest,” adding that a diplomatic solution is still possible.

He also touched on “the rise of violence against innocent Palestinians on the West Bank”, and the need to “set the conditions for a better future”, which he said featured “a two-state solution, where the world — where Israel enjoys security and peace and full recognition and normalised relations with all its neighbours, where Palestinians live in security, dignity, and self-determination in a state of their own”.

President Biden underscored the ceasefire and hostage deal put forth by Qatar and Egypt, which the UN Security Council endorsed. He said, “Now is the time for the parties to finalise its terms, bring the hostages home,” adding that this would help ease the suffering in Gaza, and end the war.

-WAM

Continue Reading

Trending