Babylon NEOM

Saudi’s NEOM proceeding with prospective partners: CEO

Blog note: Investment in NEOM Babylon will continue unabated. “Follow the money”. End of Note.

OCTOBER 25, 2018. Reuters.

Saudi’s NEOM proceeding with prospective partners: CEO

RIYADH (Reuters) – Saudi Arabia’s mega business zone called NEOM is still proceeding with prospective partners, despite the fallout from the death of Saudi journalist Jamal Khashoggi, NEOM’s chief executive Nadhmi al-Nasr said on Thursday.

Speaking at an investment conference in the kingdom, he didn’t name the prospective partners.

NEOM, a $500 billion project which was announced by |Crown Prince Mohammed bin Salman last year, is under development in the northwest of the kingdom.

Reporting By Katie Paul; Writing by Tom Arnold

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