High-tech development on Red Sea is planned for completion in 2025, with Mohammed bin Salman saying it will diversify Saudi economy
Saudi Crown Prince Mohammed bin Salman said on Tuesday that the NEOM business zone will likely be publicly listed in 2024, al-Ekhbariya TV reported.
“NEOM will add a trillion riyals to the Saudi stock market value. At least 1.2 trillion in the beginning and the overall will increase after project completion to exceed 5 trillion”, said the crown prince, who is the kingdom’s de-facto ruler.
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