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Neom – Saudi $500 Billion New City

The building site for Neom: a futuristic city where the desert meets the Red Sea, with...
The building site for Neom: a futuristic city where the desert meets the Red Sea, with views of Egypt across the water, and plans for a giant bridge to cross the span(Credit: Discover Neom)

Saudi Arabia is looking toward a post-oil future by sinking some US$500 billion into a massive, ultra-futuristic megacity project it calls Neom (or Neo-Mostaqbal; new future). Saudi Crown Prince Mohhamed bin Salman announced the giant project on Tuesday, a brand new city on the intersection of three countries, where “there is no room for old thinking.” read more