First phase of NEOM construction underway

NEOM is a planned 10,230-square-mile transnational city and economic zone to be constructed in Tabuk, Saudi Arabia. (Supplied)
Updated 26 October 2018

First phase of NEOM construction underway

  • NEOM to develop 16 economic sectors, and the first airport will be operational soon
  • Work on NEOM Bay is rapidly progressing with future target of $100 billion of income per annum

LONDON: NEOM, the giga project to be built on Saudi Arabia’s Red Sea coast, has entered the first phase of development with preparation works to develop the infrastructure of the first residential area.



NEOM, a project of unprecedented scale, was first announced at last year’s FII. It is being developed with the principles of livability and innovation at its core. It encompasses 26,500 square kilometers of land, ranging from scenic coastline to desert to snow-capped mountains. It forms part of the Saudi Giga-Projects Investment Pool for the Public Investment Fund (PIF) of Saudi Arabia which also includes the Red Sea Project and Qiddiya. 

Work on the first airport in the development is expected to be completed before the end of 2018 with the first bi-weekly flights operating at the start of 2019, NEOM said in a statement.

It is part of a general plan to establish a network of airports in NEOM that will include an international airport with world-class standards.

NEOM CEO Nadhmi Al-Nasr said: “We are working hard to ensure that the newly created towns and cities in NEOM will create new ways of living, economy, trade, innovation that at the end will make NEOM an ideal environment for all of its future residents.” 



The project planners have also identified 16 economic sectors to create a sustainable economy which are expected to eventually generate an estimated annual income of $100 billion. 

A large part of this income will be in the form of redirecting the outflow of investments and spending back into Saudi Arabia. This in return will have a significant positive impact on the Kingdom’s GDP, NEOM said in a statement.



The 16 sectors focus on; the future of energy, water, mobility, biotech, food, manufacturing, media, entertainment, culture and fashion, technology and digital, tourism, sport, design and construction, services, health and well-being, education, and livability.


KSA highlights support for Bosnia massacre victims

Saudi Foreign Minister Faisal Bin Farhan al Saud delivers a speech during the opening of the UN Human Rights Council's main annual session on February 24, 2020 in Geneva. (AFP)
Updated 13 July 2020

KSA highlights support for Bosnia massacre victims

  • The minister added that King Salman continued to support and stand by Bosnia and Herzegovina, further confirming the unique and friendly relations between the two countries

GENEVA: Saudi Arabia participated in the 25th anniversary memorial of the Srebrenica genocide that took place in July 1995.
Foreign Minister Prince Faisal bin Farhan bin Abdullah delivered the Kingdom’s speech via video conference.
He conveyed the greetings of King Salman and Crown Prince Mohammed bin Salman to the chairman of the Council of Ministers of Bosnia and Herzegovina, Sefik Dzaferovic, and UN Secretary-General Antonio Guterres, and dignitaries who were participating in the event.
The minister affirmed that Saudi Arabia stood side by side with its brothers, the families of the victims of the massacre.
He said: “Our participation on behalf of Saudi Arabia, its leaders, government, and people, is a humanitarian and moral obligation that the Saudi leadership stands by every year.”
The minister added that King Salman continued to support and stand by Bosnia and Herzegovina, further confirming the unique and friendly relations between the two countries.