Table of Contents
What does NEOM stands for?
NEOM is an acronym which means “New Future” and “New Enterprise Operating Model.”
Why is NEOM important?
The aim of this company, which is wholly owned by the Public Investment Fund, the sovereign wealth fund, is to develop the economic zone of Neom. The project is planned to be totally powered by renewable energy sources….Neom.
| Neom نيوم | |
|---|---|
| Founded by | Mohammad bin Salman |
| Seat | House of Saud |
| Government | |
| • Director | Nadhmi Al-Nasr |
What is draw the line NEOM?
What is THE LINE? THE LINE will reshape the traditional concept of urban life, enabling NEOM to become an economic engine for the Kingdom of Saudi Arabia, the region, and the world. THE LINE will create 380,000 new jobs, spur economic diversification and contribute SAR 180bn to domestic GDP by 2030.
What are some interesting facts about neon?
One of the more interesting facts about neon is the light emitted from ionized neon can pass through water fog. Neon has a melting point of ‑248.59 °C (‑415.46 °F) and boiling point of ‑246.08 °C (‑410.94 °F).
What is Neom and why is it important?
With the ambition of becoming one of the world’s future economic and scientific capitals, in addition to being the future commerce capital of Saudi Arabia, NEOM is set to attract new foreign direct investment that will contribute to PIF’s long-term growth strategy aimed at strengthening the Saudi Arabian economy.
What is the size of Neom?
The size of NEOM will be over 26,500 sq. km. NEOM will be world’s first private zone spanning three countries, Saudi Arabia, Egypt and Jordan
Where is Neom city located?
Saudi Arabia, Jordan and Egypt, they share their geographical location which leads to a particular zone as a hub called NEOM. NEOM city is found in the Northwestern region of Saudi Arabia, its covered area is approximately 10,000 square miles (26,500 square km).