NEOM Saudi Arabia

The designs showcases how urban communities in the future, will run on 100 per cent renewable energy, free from roads, cars and emissions.

It will be a place for all people from across the globe to make their mark on the world in creative and innovative ways. According to NEOM’s Twitter handle, “‘Designed by world-leading architects to revitalise urban living, ‘The Line’ is a city that offers a healthier and more sustainable way of life. ‘The Line’ will tackle challenges facing humanity in urban life today and will shine a light on alternative ways to live,” said the Crown Prince.

Saudi Arabia plans to list its flagship mega-project Neom by 2024, as the kingdom seeks to diversify its economy from oil, attract more foreign investment ...

The Line is a record-setting skyscraper, 170 kilometres long and consisting of two buildings up to 500 metres tall. Saudi Arabia will also earmark 300bn riyals, which could increase to 400bn riyals, for an investment fund related to Neom, the crown prince said. The initial public offering could add one trillion Saudi riyals ($266 billion) to the size of the kingdom's capital market, Saudi Arabia's Crown Prince Mohammed bin Salman said, state-owned Al-Ekhbariya TV reported.

Saudi Arabia will set aside 300 billion riyals ($80 billion) for an investment fund tied to the crown prince's flagship megaproject, Neom, and plans an ...

Saudi Arabia plans to create an $80-billion investment fund to help develop the megaproject NEOM for a clean-energy living area in the northwest of the ...

THE LINE will tackle the challenges facing humanity in urban life today and will shine a light on alternative ways to live,” the prince said as carried by the Saudi Press Agency. The fund could increase to $106 billion (400 billion riyals), the crown prince said. Saudi Arabia plans to create an $80-billion investment fund to help develop the megaproject NEOM for a clean-energy living area in the northwest of the country, Saudi Crown Prince Mohammed bin Salman said on Monday.

Saudi Arabia has revealed new design plans for its 170-kilometer-long city, The Line, to be built as part of its $500 billion development-in-the-desert, ...

The whole thing has been strongly criticized, with reports revealing problems from vast over-spending to oppressive treatment of local tribes (who have been forcibly relocated for the project). But MBS has reportedly declared the project “my pyramids,” and so work forges on. Saudi Arabia has a lot of money, and Saudi Arabia’s crown prince, Mohammed bin Salman (MBS), has a lot of ambition. But such is the case with Saudi Arabia’s plan to build what looks like a huge mirrored wall in the desert.

The Saudi crown prince also unveiled funding details of Neom. First phase, which runs until 2030, will cost 1.2 trillion riyals, with about half of that ...

A futuristic Saudi megacity is to feature two skyscrapers extending across a swathe of desert and mountain terrain, according to the latest disclosures on ...

"But funding is only part of the equation... demand is harder to buy, especially when you're asking people to be part of an experiment on living and working in the future," Mogielnicki said. "But the feasibility of NEOM as a whole is still unclear given the unprecedented scale and cost of the project," he said. "That's the main purpose of building NEOM, to raise the capacity of Saudi Arabia, get more citizens and more people in Saudi Arabia. And since we are doing it from nothing, why should we copy normal cities?" The goal for 2030 is to have 50 million people -- half Saudis and half foreigners -- living in the kingdom, up from roughly 34 million today. A futuristic Saudi megacity is to feature two skyscrapers extending across a swathe of desert and mountain terrain, according to the latest disclosures on the project by the kingdom's de facto ruler.

Crown Prince Mohammed bin Salman presents plans for parallel structures of mirror-encased skyscrapers 170 km long known collectively as The Line, ...

“But funding is only part of the equation… demand is harder to buy, especially when you’re asking people to be part of an experiment on living and working in the future,” Mogielnicki said. “But the feasibility of Neom as a whole is still unclear given the unprecedented scale and cost of the project,” he said. “That’s the main purpose of building Neom, to raise the capacity of Saudi Arabia, get more citizens and more people in Saudi Arabia. And since we are doing it from nothing, why should we copy normal cities?” The goal for 2030 is to have 50 million people — half Saudis and half foreigners — living in the kingdom, up from roughly 34 million today. JEDDAH, Saudi Arabia (AFP) — A futuristic Saudi megacity is to feature two skyscrapers extending across a swath of desert and mountain terrain, according to the latest disclosures on the project by the kingdom’s de facto ruler.

The Line – due to be just 200 metres wide – will make Neom world's most livable city 'by far', officials claim.

“But funding is only part of the equation … demand is harder to buy, especially when you’re asking people to be part of an experiment on living and working in the future,” Mogielnicki said. The “first phase” of the project, lasting until 2030, would cost 1.2tn Saudi riyals (about £265bn), Prince Mohammed said. Residents will have “all daily needs” reachable within a five-minute walk, while also having access to other perks, such as outdoor skiing facilities and “a high-speed rail with an end-to-end transit of 20 minutes”, according to a statement. Now it’s a vehicle for reimagining urban life on a footprint of just 13 sq miles (34 sq km), addressing what Prince Mohammed describes as “liveability and environmental crises”. “That’s the main purpose of building Neom, to raise the capacity of Saudi Arabia, get more citizens and more people in Saudi Arabia. And since we are doing it from nothing, why should we copy normal cities?” Neom was once touted as a regional “Silicon Valley”, a biotech and digital hub spread over about 10,000 sq miles (26,000 sq km).

Saudi Arabia will begin working on education and health facilities in NEOM next year, NEOM Chief Executive Nadhmi al-Nasr told Al Arabiya on.

For the latest headlines, follow our Google News channel online or via the app. On Monday, the Crown Prince presented the designs of THE LINE which he said offered a model for future cities that face critical environmental challenges. Saudi Arabia will begin working on education and health facilities in NEOM next year, NEOM Chief Executive Nadhmi al-Nasr told Al Arabiya on Wednesday.

Free from roads, cars and emissions, it will drive entrepreneurship and innovation.

The first phase will depend on a “government subsidy” of 200 to 300 billion riyals, he added. The site will be powered by 100 per cent renewable energy and feature “a year-round temperate micro-climate with natural ventilation”, according to a new video. The seven-km wide city aims to generate 70,000 jobs by 2030 and house a population of 90,000. One of the key areas of the project, Trojena is located 50km from the Gulf of Aqaba coast with elevations ranging from 1,500m to 2,600m and covers an area of nearly 60 sq. Earlier this year, the Mercedes-EQ Formula E Team visited Neom ahead of the first ABB FIA Formula E World Championship race in Saudi Arabia. Footage showed Stoffel Vandoorne driving the Mercedes-EQ Silver Arrow 02 along Neom’s Magna Road ahead of the Diriyah E-Prix, the first time an all-electric vehicle had taken to the streets of the mega city. Neom will also become a global centre for sports. They will also have access to outdoor skiing facilities and “a high-speed rail with an end-to-end transit of 20 minutes”, according to a statement. It is a futuristic $500 billion megacity that features two skyscrapers, rising 500 metres and extending across a swathe of desert and mountain terrain. The centrepiece is The Line, a linear city unveiled in 2021. It will include an industrial city and a mountain ski resort. With mixed-use communities, research centres, sports venues and entertainment areas and tourist destinations, Neom will be a model for urban sustainability, with new standards for community health, environmental protection and effective use of technology. Crown Prince Mohammed bin Salman calls it a hotbed for new technologies that could revolutionise urban life and encourage foreign investment.

At the same time as Saudi Crown Prince Mohammed Bin Salman's visit to France, the Kingdom of Saudi Arabia has just publicly released a new video showing the ...

For a key point of the model is that residents will have access to all the facilities necessary for daily life within a five-minute walk, in addition to a high-speed train offering end-to-end transit in 20 minutes. For those who have not yet read about it in our columns, NEOM is a multi-billion dollar project that aims to build a linear city on the coast of the Red Sea, in northwest Saudi Arabia. A city with its own laws, courts, and taxation system, but above all, which will aim to be powered entirely by renewable energy. The Line could eventually accommodate some 9 million inhabitants and should be built on an area of 34 square kilometers, an unprecedented feat compared to other cities of similar capacity.