The kingdom has said it's planned NEOM area will be the biggest building site on Earth. It's meant to become a global center for trade and investment and reduce Saudi Arabia's dependence on revenues from oil.
A three-day international investment conference has started in Saudi Arabia to help the nation overcome its dependence on oil revenues. The meeting got off to a bumpy start amid a major Saudi image crisis.
The many empty seats at a high-profile investment conference in Riyadh appeared to suggest the murder of journalist Jamal Khashoggi might hit Saudi Arabia where it hurts most. But €40 billion will soften most scruples.
Saudi Arabia has announced it's aiming to build a mega international business zone, which will have its own tax and labor laws. It's yet another attempt to reduce the kingdom's dependence on oil exports.
The sky is clear, the sun is shining, and the turquoise sea is glimmering. Nouf Alosaimi is on a discovery dive around a small, sandy island in the Red Sea that's home to scuttling crabs and a few seagulls.
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