The media programme will train 35 young participants who are seeking to enhance their career in the media industry which will take place in October this year. It will be conducted in person, organised by media consultancy Amanda Turnbull Associates.

This programme is ideal for those seeking to enhance their knowledge of the industry while simultaneously kick-starting their work experience. After completing the programme, 10 of the best participants will receive the opportunity to work at ITP Riyadh for 6 months with renowned publications like Harper’s Bazaar Saudi, Arabian Business, and Esquire Saudi Arabia. Top students will be offered full-time roles at ITP Saudi.

The UN has predicted that the global population will increase by about three billion to reach 11.2 billion by the end of the century, and all those new people will have to live somewhere.  The inexorable rise of the megacity, with populations often exceeding 40 million, will outstrip the likes of London, Paris and New York City.  Many new ideas will feature at Expo 2020 Dubai in its "Cities of the Future" visitor journey.

The Mercedes-EQ Formula E Team and its Principal Partner NEOM are celebrating a double title win for the German car manufacturer after the final round of the ABB FIA Formula E World Championship in Berlin at the weekend.  The German Team and its Saudi partner had announced their new collaboration ahead of what was the first race of Formula E’s Season 7, with a demonstration run of the Mercedes-EQ Silver Arrow 02 on the scenic roads of NEOM, the first time an all-electric racing vehicle was driven in the Saudi coastal city.

Bollywood remains one of the most dynamic film industries globally. Worth an estimated $2.4 billion in 2020, Bollywood produces more films annually than Hollywood, including many produced outside India. Like any filmmaker, Indian producers are always on the lookout for new, fresh locations that provide logistical support and production incentives to give producers a competitive advantage.  

NEOM, which is creating the region’s first truly integrated media hub in Saudi Arabia, provides an exciting opportunity for Indian producers with unique and diverse locations that have never been used before as well as its production services support.  This fully integrated media ecosystem does not currently exist anywhere else in the world.

NEOM has awarded placements with global sustainable motorsport team the Mercedes-EQ Formula E Team, for two talented Saudi nationals from its GrOW program.  This announcement is part of the wider pioneering partnership between the two organizations and comes ahead of the highly anticipated Berlin season final on Aug. 15, where the team looks to clinch the championship and team driver Nyck de Vries to defend his lead position in the Drivers’ World Championship, following his astounding back-to-back podiums achieved in the London E-Prix.

This placement is the first of several unparalleled opportunities at the Mercedes-EQ Formula E Team’s UK offices, designed to offer a range of roles in the motorsport industry to high-caliber candidates who are part of NEOM’s GrOW program; an initiative designed to provide Saudi graduates with an opportunity to work alongside some of the world’s brightest minds at NEOM.

The lender is looking to contribute to the financing of Saudi government and infrastructure projects in sectors including electricity and oil, said Abdulwahab Al-Roshood.  Saudi Arabia, a neighbour of Kuwait, is working on several so-called mega projects expected to require large financing, including NEOM, a $500 billion flagship business zone aimed at diversifying the economy of the world’s largest oil exporter.

KFH, which sold $750 million in Additional Tier 1 sukuk in June, does not plan to raise more capital through sukuk this year, but intends to issue new Islamic bonds in 2022.

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Two huge events in the Middle East could be the spark to ignite a host of visitor attraction projects to ease the region’s reliance on oil and gas income.  The visitor attraction market in the Middle East has always been of great interest because it has always offered opportunity.   This was all driven by oil and gas revenues, which has made Qatar, Saudi Arabia and the UAE among the most cash-rich countries in the world. But oil revenues are not as dependable as they used to be, the Covid pandemic saw oil prices reach a 20-year low in 2020 and lying ominously ahead is a time when oil will run dry. 

The biggest project in the Middle East right now outside of Expo/World Cup is undoubtedly Qiddiya, located 40 miles from Riyadh City in Saudi Arabia. Qiddiya is one of the Kingdom's giga-projects – the others are NEOM, Amaala, and the Red Sea Project – to be rolled out as part of Vision 2030, the framework which aims to diversify the income of the country.