News tagged "Public investment fund (pif)"

Saudi's Crown Prince announced new US$ 500 bn project named 'Neom'

Saudi's Crown Prince announced new US$ 500 bn project named 'Neom'

25th October 2017

According to *Tradearabia news report, Saudi Arabia’s Crown Prince and Deputy Prime Minister Prince Mohammed bin Salman bin Abdulaziz Al Saud has announced a new $500-billion project, Neom, aimed at turning the kingdom into a leading global hub that exemplifies the future of human civilisation by offering its inhabitants an idyllic lifestyle combined with exceptional economic prospects.[..]

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