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RIYADH: Saudi Crown Prince’s $500 billion Neom high-tech hub is seeking to lure international interest as the project gathers pace, Bloomberg reported. In an attempt to do so, executives from the megaproject have invited bankers, investors, private equity firms, and construction suppliers for an event in New York which is set to take place in April. Neom’s chief executive ....
(Bloomberg) Executives from the Saudi crown prince’s “Neom” megaproject have invited bankers and investors to a meeting in New York next month as they try to drum up international interest in their $500 billion plan to build a high-tech hub from scratch. ....
Foreign academics and experts have questioned Neom’s feasibility after previous efforts to build economic and financial free zones struggled to take off. ....