News 24 | NEOM President: The city will have its...


NEOM CEO, Nazmi Al-NasrThe CEO of NEOM, Nazmi Al-Nasr, explained that NEOM was created to be an independent economy, indicating that it was built by 16 sectors and will be led by technology, stressing that NEOM will have its own laws and legislation.

He added, during the business sessions of the fifth edition of the Future Investment Initiative, that the city of NEOM is racing against time to plan and accelerate bold investment and other investments, indicating that he will try to increase companies and bold investments for hundreds of companies.

He pointed out that there is a plan to expand in NEOM through the inclusion of many companies, pointing out that there are 1,200 employees working and living in NEOM and preparing for the implementation phase of the project’s strategies.

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