Who is harmed by Saudi-Egyptian rapprochement?

Tuesday, 13 March 2018

I can’t find a logical explanation as to why some are upset of Saudi Arabia’s activity towards any Arab country. The systematic media campaign against Saudi Crown Prince Mohammed bin Salman’s visit to Egypt – which announcing the NEOM plans between Egypt and the kingdom did not help at all – exposed the despicable face of those who hold grudges against Saudi Arabia and revealed that the dream of Arab unity is extremist parties’ nightmare. Why be upset of and ...

Sawsan Al Shaer

Saudi, Egypt agree to develop lands in southern Sinai for mega-city project

Monday, 5 March 2018

Saudi Arabia and Egypt signed an investment agreement to develop more than 1,000 square kilometers of Egyptian lands South of Sinai to be within the planned mega-city of Neom. For this purpose, they will establish a joint fund with equal shares and that’s worth more than $10 billion of which the Egyptian shares are the lands leased for long periods of time. This agreement has branched from the joint Egyptian-Saudi investment fund agreement. The two countries also signed an environmental ...

All you need you know about Saudi-Egypt plans for mega-city project

Monday, 5 March 2018

Egypt has committed a large portion of land in the southern Sinai Peninsula as part of the NEOM project. • The territory along the Red Sea is part of a joint fund worth more than $10 billion • The mega-city own judicial system and legislation designed to attract international investors to focus on industries such as energy and water, biotechnology, food, advanced manufacturing and tourism, according to officials. • Saudi Arabia plans to build seven cities and tourism projects ...

Saudi inventors team up for innovation to generate electricity for NEOM

Thursday, 4 January 2018

 A team of Saudi inventors came up with an innovation that can generate electricity for NEOM, the new $500-billion business and industrial zone coming up in the north of the Kingdom. Inventor Meshal Al-Harasani announced the completion of the first phases of the invention, which is designed to produce electricity for a city from kinetic energy, or the energy from motion, of vehicles› tires passing on the road. NEOM is a city for dreamers and it›s going to be a green and future ...

Hopes high for the Saudi Vision 2030

Tuesday, 2 January 2018

In the aftermath of Crown Prince Mohammad bin Salman’s unveiling of the unprecedented Vision 2030 reforms, a sense of renaissance seems to exist in Saudi Arabia. Diversifying the oil economy along new routes for rapid progress, it is definitely the brainchild of the young Prince; however, he modestly insists he is only “one of 20 million people. I am nothing without them.” Nevertheless, such a holistic package for economic, cultural and societal reform has not been seen before ...

Sabena Siddiqui

$25 bln in SoftBank investments planned for Saudi Arabia projects

Wednesday, 15 November 2017

SoftBank plans to invest as much as $25 billion in Saudi Arabia over the next three to four years, reported Bloomberg on Wednesday. The Japanese technology company headed by Masayoshi Son is strengthening its investment ties with the kingdom, says the report quoting people familiar with the matter. The report said SoftBank has plans to deploy up to $15 billion in the new city called NEOM on the Red Sea coast that Crown Prince Mohammed bin Salman announced last month. SoftBank’s Vision ...

Saudi Crown Prince meets with Bill Gates to review joint development programs

Tuesday, 14 November 2017

Saudi Arabia Crown Prince Mohammed bin Salman met with the Bill and Melinda Gates Foundation Co-Chair, Bill Gates, in Riyadh on Tuesday.During the meeting, they reviewed aspects of cooperation between the two sides in various fields, in addition to reviewing a number of joint bilateral development programs and projects.The meeting also discussed the opportunities available in the Kingdom according to the vision of the Kingdom 2030, especially investment opportunities in the projects of ...

Russia says working with Saudi on energy investment, NEOM

Thursday, 2 November 2017

Russia is working closely with Saudi Arabia to facilitate bilateral investment in the energy sector and Russian companies are interested in the kingdom's planned new NEOM business zone, energy minister Alexander Novak said on Thursday. Novak, who was at an investment event in Riyadh held by the two oil producers, said Russian companies were looking at various Saudi sectors such as solar, healthcare, education, artificial intelligence and port infrastructure, according to the Russian energy ...

NEOM and the future of our youth

Thursday, 2 November 2017

Recently, Saudi Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, announced the launch of NEOM, a project that aspires to be the “safest, most efficient, most future-oriented, and best place to live and work” in the Kingdom. NEOM’s land mass will extend across the Egyptian and Jordanian borders, rendering NEOM the first private zone to span three countries. The project will be backed by more than $500 billion over the coming years by Saudi Arabia. Wind ...

Mahmoud Ahmad

On leaving the old guard and welcoming the new

Tuesday, 31 October 2017

In the past, we used to view China as being very far away from us geographically, but this has changed in the age of globalization and the birth of the “global village.” The development that took place in China last week therefore concerns us in our economy and security because it concerns global international and economic balances. The 19th national congress of the Chinese Communist Party not only extended the term of President Xi Jinping for five years, but it went much more beyond ...

Ghassan Charbel

1 2 3
How are we doing?

How are we doing?

Name Name *
Email Email *
Country Country
Message Message *
Maximum 550 words allowed