$500bn

Gulf Business - - NEWS AND VIEWS -

Saudi Ara­bia an­nounced a $500bn plan to build a busi­ness and in­dus­trial zone that links with Jor­dan and Egypt. The 26,500 sq km zone, known as NEOM, will fo­cus on in­dus­tries in­clud­ing en­ergy and wa­ter, biotech­nol­ogy, food, ad­vanced man­u­fac­tur­ing and en­ter­tain­ment, Saudi Crown Prince Mo­hammed bin Sal­man said.

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