What is NEOM?
NEOM is a grand project which reimagines the future of living in Saudi Arabia. NEOM is a $500 billion giga project which aims to sustainable living, economy and luxury tourism. NEOM is Funded by Saudi Arabia's Public Investment Fund (The PIF), which manages assets $800 billion in assets.
The name NEOM comes from the combination of two distinct words. The initial three letters are come from the ancient Greek prefix 'Neo', meaning 'New.' The letter 'M' is taken from 'Mustaqbal,' an Arabic word which means 'future'.
The Vision of NEOM is driven by His Royal Highness Mohammed bin Salman, the Crown Prince of Saudi Arabia and the Chairperson of the Board of Directors for the NEOM Company.