Tag: NEOM

Saudi Arabia

Venture Explains: NEOM

As part of its drive to reduce its overwhelming dependence on oil exports, Saudi Arabia is planning to build NEOM, a $500 billion, 26,500 square kilometer business zone and industrial site. How will it operate? It will be powered entirely by…

economic challenges

Countdown to NEOM

Saudi Arabia’s planned $500 billion NEOM mega-city could easily become one of the most important economic development projects in the MENA region. And Jordan would have an important part in making it a success. The wildly ambitious NEOM business and…