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Investment Worth SAR21 Bln to Rapidly Develop Workforce Residential Communities at NEOM

NEOM announced on Tuesday that it has finalized contracts with investors for the first phase of its residential communities’ expansion, a social infrastructure project that will house the region’s growing workforce. The agreement amounts to a total value of over SAR 21 billion, making it one of the largest international public-private partnerships for accommodation.

NEOM secures $ 5 6bn residential investments

NEOM, a mega project being built from the ground up as a living laboratory in in northwest Saudi Arabia on the Red Sea, has finalised contracts with investors for the first phase of its residential communities’ expansion.

Who s Who: Rana Abdullah Zumai, vice president of the Saudi Professional Fashion Association

Rana Abdullah Zumai is the vice president of the Saudi Professional Fashion Association and senior director of corporate communications and knowledge at the Saudi Geological Survey. As the VP of the SPFA, she empowers and educates the fashion industry about sustainability and assists them in making a global impact. From 2018 up until this year, she was executive manager of

Saudi prequalifies 17 firms to bid for its first independent water storage project: MEED

RIYADH: Saudi Arabia has prequalified 17 companies from 34 firms that expressed interest to bid for the contract to develop the Kingdom's first independent strategic water reservoir project, ISWR, in Makkah, MEED reported. The project owner Saudi Water Partnership Co. is expected to issue the request for proposals to these 17 qualified companies by mid-year, the report stated.

Who s Who: Rana Abdullah Zumai, senior director at Saudi Geological Survey

Rana Abdullah Zumai was recently appointed as a senior director of corporate communications and knowledge at the Saudi Geological Survey. From 2018 up until this year, she was executive manager of corporate communications at Nesma Co. Ltd. Between 2013 and 2018, she worked for the same company as general manager, establishing partnerships responsible for managing four Nesma

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