Saudi Arabia

2024 - 11 - 12

From Disney Castles to NEOM: Saudi Arabia's Daring Ventures!

Biotech Hub - Disney - Entertainment - Global Politics - Middle East Relations - NEOM Project - Saudi Arabia - Vision 2030

Exploring Saudi Arabia's ambitious projects: Disney castles, biotech hubs, and futuristic megacities! Buckle up for a wild ride!

Saudi Arabia is shattering the imagination with its bold new ventures, from constructing a magical Disney castle in the Arabian sands to positioning itself as the next globe-trotting biotech hub. Imagine this: a land once synonymous with oil is now becoming an oasis of innovation and fantastical experiences. And yes, you read that correctly—Disney has thrown its hat in the ring, diving headfirst into the land where fairy tales and deserts collide.

But that’s not all folk—Saudi Arabia is aiming even higher! Experts are now dubbing Riyadh as ‘Boston in the desert’ as the kingdom pours resources into establishing a formidable biotech sector. Talk about a plot twist! This ambitious initiative showcases the country’s aim to innovate beyond oil production and draw in young, creative minds eager to blend life sciences with untamed Arabian flair. Fish and chips? Nah, how about falafel and fluorescent petri dishes instead?

In the midst of miraculous castles and futuristic hubs, the political landscape isn't without tension. Crown Prince Mohammed bin Salman took a firm stand, condemning Israel for actions in Gaza and calling it ‘collective genocide,’ showcasing the kingdom's evolving role on the global stage. With so many big voices chiming in, it's clear Saudi Arabia is not just playing in the sandbox—they’re building a whole new playground worthy of every headline.

As if that wasn't enough, Saudi Arabia’s NEOM mega-project is undergoing a facelift of its own! Nadhmi al-Nasr, the long-standing CEO, has bid adieu to the massive endeavor aimed at creating a $500 billion futuristic city. The change hints at shifts in strategy regarding development priorities that could impact completion timelines. What’s the takeaway? As megacities rise and political chatter sizzles, Saudi Arabia isn’t just looking to fit the mold; they’re re-defining it entirely!

And speaking of re-definitions, did you know the NEOM project, originally set to cost $500 billion, is now rumored to top $1.5 trillion? That’s right—these visionaries are swinging for the fences! Meanwhile, the planned Disney theme park will not only include a castle but is expected to feature state-of-the-art attractions infused with local culture. Now, who wouldn’t want to ride a rollercoaster while soaking in the history of Arabian nights? Buckle up for this wild Saudi ride!

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Image courtesy of "Forbes"

Disney Breaks New Ground With A Castle In Saudi Arabia (Forbes)

Building blockbuster theme parks isn't for the faint-hearted. Casting a powerful spell requires a backer with deep pockets and one of Disney's latest ...

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Image courtesy of "Consultancy-me.com"

Could Saudi Arabia become the next global biotech hub? (Consultancy-me.com)

Boston in the desert” – that is what some experts in the world of life sciences are calling Riyadh as Saudis strive to reach the level of Boston, ...

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Image courtesy of "CNN"

Saudi crown prince accuses Israel of committing 'collective genocide ... (CNN)

Saudi Arabia's Crown Prince Mohammed bin Salman has accused Israel of carrying out “collective genocide” in Gaza, in some of his strongest criticism of the ...

Nigeria Seeks $5 Billion Trade Facility From Saudi Arabia (BNN)

The West African nation wants a deal with the Saudi government on the facility, Nigeria's presidency said in a statement Tuesday after President Bola Tinubu met ...

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Image courtesy of "GlobeNewswire"

Saudi Arabia Private Security Market is Poised to Secure Valuation ... (GlobeNewswire)

Financial institutions, including 30 banks with over 2,000 branches and managing assets worth $700 billion, are investing in sophisticated security systems. The ...

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Image courtesy of "Nairametrics"

FG in talks with Saudi Arabia for $5 billion loan amid Tinubu's visit (Nairametrics)

The presidency announced this in a statement on Tuesday, following President Bola Tinubu's meeting with Crown Prince Mohammed bin Salman in Riyadh during the ...

India, Saudi Arabia top buyers of Russian VGO and fuel oil in ... (Hellenic Shipping News Worldwide)

India and Saudi Arabia were the top destinations for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in October, traders said and LSEG data showed ...

Resolution of the Extraordinary Arab and Islamic Summit, 11 ... (Ministry of Foreign Affairs)

Resolution of the Extraordinary Arab and Islamic Summit, 11 November 2024, Riyadh, Kingdom of Saudi Arabia. We, leaders of the states and governments of the ...

President Sisi arrives in Saudi Arabia - Egypt Independent (Egypt Independent)

President Abdel Fattah al-Sisi arrived in Saudi Arabia Monday to participate in the extraordinary Arab-Islamic Summit in Riyadh.

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Image courtesy of "TOLOnews"

Saudi Arabia Raises Its Voice in Support of Palestine for the First ... (TOLOnews)

Saudi Arabia's Crown Prince Mohammed bin Salman has condemned the “genocide” in Gaza and called on Israel to end its attacks in the region.

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Image courtesy of "BBC News"

Saudi crown prince says Israel committing 'genocide' in Gaza (BBC News)

Mohamed Bin Salman was speaking at the opening of a summit of Muslim and Arab leaders in Riyadh.

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Image courtesy of "ZAWYA"

Saudi Arabia to host global conference on antimicrobial resistance. (ZAWYA)

This global health crisis threatens to reverse the progress made in healthcare, agriculture, and economic development. This significant event will gather over ...

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Image courtesy of "Financial Times"

Neom mega-project boss abruptly replaced in Saudi Arabia (Financial Times)

Nadhmi al-Nasr leaves after six years in charge of $500bn desert development.

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Image courtesy of "The Guardian"

Neom CEO departs as Saudi Arabia scales back mega-projects (The Guardian)

No reason given for departure of Nadhmi al-Nasr, longtime CEO of $500bn project launched by Mohammed bin Salman.

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Image courtesy of "Reuters"

Long-time CEO of NEOM goes as Saudi Arabia scales back mega ... (Reuters)

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify away from oil, ...

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Image courtesy of "Al Arabiya English"

Saudi Arabia's NEOM announces new acting CEO (Al Arabiya English)

Saudi Arabia's $500 billion mega project NEOM has appointed Aiman al-Mudaifer as acting CEO, the company issued a statement Tuesday on X.Following Nadhmi.

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Image courtesy of "Business Insider"

Neom: Saudi Arabia parts ways with CEO of desert megacity (Business Insider)

Neom, Saudi Arabia's ambitious megacity project, is a key part of the kingdom's Vision 2030 scheme. Its CEO stepped down after six years in the role.

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Image courtesy of "BNN"

Saudi Arabia Replaces CEO Leading Development of Megacity Neom (BNN)

Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as Neom, in the latest sign that ...

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Image courtesy of "The Wall Street Journal"

CEO of Saudi Arabia's Futuristic City Project Neom Leaves Abruptly (The Wall Street Journal)

Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia's marquee development, which has been plagued by delays, cost overruns and staff turnover.

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Image courtesy of "Barron's"

Saudi Arabia Replaces CEO Of Futuristic Mega-city NEOM (Barron's)

Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM as scepticism mounts over the Gulf kingdom's most ...

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Image courtesy of "Al-Monitor"

Saudi Arabia replaces CEO of futuristic mega-city NEOM (Al-Monitor)

Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM as scepticism mounts over the Gulf kingdom's most ...

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Image courtesy of "The New Arab"

Saudi Arabia replaces CEO of controversial mega-city NEOM (The New Arab)

Aiman al-Mudaifer has been appointed as new interim CEO of the controversial NEOM project, amid scepticism over the ambitious project.

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Image courtesy of "Middle East Eye"

Neom boss who bragged he ran employees 'like slaves' leaves ... (Middle East Eye)

Executive who said white people were 'top of the pecking order' and another who scuffled with an employee have also departed.

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Image courtesy of "ZAWYA"

Long-time CEO of NEOM goes as Saudi Arabia scales back mega ... (ZAWYA)

DUBAI/RIYADH: Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify away ...

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Image courtesy of "The Punch"

Tinubu returns to Abuja after Arab-Islamic summit in Saudi Arabia (The Punch)

The President arrived at the presidential wing of the Nnamdi Azikwe International Aiport, Abuja, around 8 pm on Tuesday and was received by his Chief of Staff, ...

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Image courtesy of "CNBCTV18"

Nadhmi Al-Nasr, the CEO of Saudi Arabia's futuristic city, departs ... (CNBCTV18)

The reasons behind his departure are unclear, but it represents a significant reshuffle atop Neom. The city, a Saudi Crown Prince Mohammed bin Salman priority, ...

IHF | IHF D Licence Coaching Course proves a success in Saudi ... (IHF)

38 male coaches took part in the IHF D Licence course in Riyadh, Saudi Arabia, which took place between 27 and 31 October 2024 at the Saudi Arabian Handball ...

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Image courtesy of "Financial Times"

UK construction executive sues Saudi-owned developer for $100mn (Financial Times)

David Grover has brought a lawsuit in Riyadh against PIF-backed Roshn claiming bonuses and performance payments.

Saudi Arabia Commercial Vehicle Industry Report 2024-2035 ... (GlobeNewswire)

This study analyzes how this commitment is expected to accelerate the demand for battery electric vehicles (BEVs) and drive truck electrification, supporting ...

Saudi Arabia has no business lecturing on human rights (Israel Hayom)

This series of normalization agreements, established in 2020, initiated formal diplomatic ties between Israel and several Arab nations, aiming to foster peace ...

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Image courtesy of "The Media Line"

CEO of Saudi Arabia's Megacity Project Steps Down Amid Project ... (The Media Line)

Long hailed as a city of the future, Neom serves as the focal point of Saudi Crown Prince Mohammed bin Salman's ambitious Vision 2030 economic pivot from oil ...

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Image courtesy of "Daily Express"

Saudi Arabia's new £390bn mega-city thrown into chaos as fresh ... (Daily Express)

Saudi Arabia's £390billion mega-city faces fresh chaos as the boss of the flagship Neom project has reportedly been sacked. Nadhmi Al-Nasr "abruptly left" ...

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Image courtesy of "Firstpost"

How Saudi Arabia's $1.5 trillion Neom megacity has had another ... (Firstpost)

Saudi Arabia's Neom, a $1.5 trillion mega-city project aimed at transforming the Kingdom's economy, has run into a new challenge.

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Image courtesy of "CNBC"

Saudi Arabia's Neom replaces its CEO amid reports of delays and ... (CNBC)

Neom's board of directors announced on Tuesday the appointment of Aiman Al-Mudaifer as acting CEO of the company following the unexpected departure of ...

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Image courtesy of "Business Insider"

Saudi Arabia aims for AI leadership despite Neom setbacks (Business Insider)

Saudi Arabia's ambitious plans for a futuristic city in the desert faced another setback. Meanwhile, it still wants to be an AI leader.

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Image courtesy of "Global Times"

China supports Saudi Arabia, Iran in achieving lasting good ... (Global Times)

Saudi Arabia and Iran have engaged in constructive interactions at various levels, further strengthening reconciliation efforts and contributing ...

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Image courtesy of "Zag Daily"

New vertiport network to be built in Saudi Arabia to boost AAM (Zag Daily)

Italian vertiport operator UrbanV and Saudi airport management firm Cluster2 have announced a collaboration to develop a network of vertiports across the ...

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