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NEOM News

The latest news and information about NEOM, ENOWAOXAGONTHE LINE, TONOMUSTROJENA and other NEOM related projects

Meta.N consortium successfully obtain a golden ticket to enter the NEOM CITY project in Saudi Arabia


The Saudi ATQEN Group, which supports composition and structuring for Korean companies to participate in the NEOM City project, one of Saudi Arabia's mega projects, hired a total of 10 Korean companies during the visit of Crown Prince Mohammed bin Salman to Korea on November 17, 2022. designated as a consortium partner.

Meta.N consortium plans to use the next-generation blockchain technology of the Meta.N to create a digital currency to be applied to Saudi Arabia's smart city, and to create a payment coin exclusively for NEOM City based on crude oil-based 'stable coin'. The "Meta.N" consortium's payment coin project also includes plans to build a crude oil-based 'stable coin' that can be used daily in the Kingdom of Saudi Arabia and the UAE.

Read the full story at EIN Newswires