Saudi Arabia, Opec’s biggest oil producer and the Arab world’s largest economy, launched on Tuesday a specialised investment zone in the north-western region of the country called Neom, which will be backed by more than US$500 billion in capital as the kingdom continues to diversify its economy away from hydrocarbons.
Image: The investment park initiative NEOM, focused on nine specialised investment sectors, was unveiled by Saudi Arabia’s Crown Prince Mohammed bin Salman. REUTERS - https://www.thenational.ae
