"This is the year that Saudi Arabia chaired the G20, this is the year that women were permitted to join the army, it's saying to the world — we are ready, we are open for business. "So, it's a reflection of him as a person. Contact us for details.NEOM is an accelerator of human progress being built from the ground up as a living laboratory â a place where entrepreneurship will chart the course for a New Future.NEOM is the land of the future, where the greatest minds and best talents are empowered to embody pioneering ideas and exceed boundaries in a world inspired by imagination. One hopes an omelette like this can be made with a minimum of broken eggs, that this Elysium can be built without the creation of an impoverished underclass. NEOM is being built on the Red Sea in northwest Saudi Arabia as a living laboratory – a place where entrepreneurship and innovation will chart the course for this New Future. "It's really somewhat strange that a modern legal system is something that only this new and visionary city will have the benefit of.
As such, Neom will be built on cutting-edge technological foundations.Clean energy is the top of the priority list here; vast solar and wind harvesting power plants are planned. Women in modern clothes, clean energy sources and a lot of open mindedness — NEOM, Saudi Arabia’s $500 billion mega city has got all the ingredients to become the next global hub bringing together the best of Arabia, Asia, Africa, Europe and America.
The NEOM pitch, just a few years old, advertises a living lab for “doers … at the crossroads of the world.” It would be accessible to 40% of the world’s population in less than four hours.
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"While Saudi Arabia's economy is the biggest in the Arab world, the coronavirus pandemic has seen the country's finances hit hard.The kingdom has also had to deal with falling oil prices sparked by an acrimonious dispute with Russia.Oil revenues reportedly dropped by 24 per cent in the first quarter of 2020 and Finance Minister Mohammed al-Jadaan has spoken of "tightening the belt" ahead of a further drop in revenue later in the year.He's foreshadowed the need for further painful, but necessary measures to ensure "public financial stability".Some, like exiled dissident Saad al-Faqih, believe a lack of foreign investment will stall the project.But, according to Bill Bostock, the Crown Prince's determination to fulfil his Neom dream shouldn't be underestimated. A living laboratory and hub for innovation. NEOM is an accelerator of human progress being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for a New Future.
"There's a lot of business being brought in, there's a lot of pitching going on," he says. NEOM will be a destination, a home for people who dream big and want to be part of building a new model for sustainable living, working and prospering. There has been no news of cutting back on the plans. An airport built here would be less than 8 hours flight for some 70 percent of the world's population.Neom will operate as its own independent "special zone."
"But the project is not without controversy. With phase one of the city expected to be complete by 2025, this isn't far out of line with many expectations of when autonomous flying taxis should be ready for commercialization. NEOM: A bold vision. "Why shouldn't the Saudi people benefit from the very same justice system that presumably will provide more equal rights for men and women, that presumably will allow for privacy and some modicum of free expression?"
It is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory – a place where entrepreneurship will chart the course for this New Future.
This giant city will be built to straddle the borders of Saudi Arabia, Jordan and Egypt, with a total area around 26,500 square kilometres on the East side of the Gulf of Aqaba. “For the Huwaitat tribe, Neom is being built on our blood, on our bones,” says Alia Hayel Aboutiyah al-Huwaiti, an outspoken activist and member of the tribe living in London. In other words, reachable by plane. NEOM is being built on the Red Sea in northwest Saudi Arabia as a living laboratory – a place where entrepreneurship and innovation will chart the course for this New Future. It's a city that will be built around best practice healthy living guidelines. About NEOM NEOM is an accelerator of human progress and a vision of what a New Future might look like. "Get more stories that go beyond the news cycle with our weekly newsletter.This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. “No separate ways of thinking, no divisions, no restrictions”.