Saudi Arabia’s Neom project developers to be financially compensated for coronavirus impact

An illustration of Neom, which will be built in Saudi Arabia. (Neom.com)
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Updated 23 May 2020

Saudi Arabia’s Neom project developers to be financially compensated for coronavirus impact

RIYADH: Real estate owners that are involved in Saudi Arabia’s Neom project will be financially compensated by the National Program for Community Development, Saudi Press Agency (SPA) reported on Friday.
The program, also known as “Tanmia” in Arabic, will compensate owners in Sharma, Qayal, Al-Khuraibah, Al-Asilah, Al-Sur, Bir Fahman.
The announcement comes after the program said it was halting inventory work in April and compensation would be paid in record time, and before the period specified in the program’s planned schedule.
“This is to ensure that recipients are compensated in successive installments as soon as possible,” the program said in a statement on SPA.
The program said it took into account all field work implemented and the instructions issued by the Ministry of Health to prevent the spread of the coronavirus, and took all precautions to ensure the safety and health of the citizens and workers in the program.
It also said it will provide additional financial subsidies to the residents of centers of the first stage of Neom, in addition to a set of social and economic packages that will contribute to improving their standard of living.
“This is in accordance with development plans, and in coordination with the relevant government agencies, and the packages will be announced at a later stage,” the statement added.


Saudi Arabia repatriation flights from US cities, Beirut bring home nationals

Updated 05 June 2020

Saudi Arabia repatriation flights from US cities, Beirut bring home nationals

  • Flights from Washington and Houston arrived at King Khalid International Airport in Riyadh

DUBAI: Four more repatriation flights arrived in Saudi Arabia as part of the Kingdom’s efforts to bring back stranded citizens from coronavirus hotspots, state news agency SPA reported.
Flights from Washington and Houston arrived at King Khalid International Airport in Riyadh while another two landed in King Abdulaziz International Airport in Jeddah, bringing Saudi nationals from New York and Beirut.
All precautionary measures to contain the coronavirus spread were taken to ensure the safety of passengers, who would also be in isolation for 14 days.