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The latest NEOM news for 23 May 2022

The latest NEOM news for 23 May 2022

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Here is the latest news about NEOM for 23 May 2022.

 

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The Saudi Film Commission (SFC) is participating in the 75th edition of the Cannes International Film Festival

The Saudi Film Commission (SFC) is participating in the 75th edition of the Cannes International Film Festival, which runs from 17-28 May, to build awareness of the country's rapidly developing film industry, showcase its unique cinematic and pristine locations, and champion new and exciting talent in a drive to become a world-class hub for film and TV production.

Located in the International Village, the Saudi Pavilion will be the epicenter of information, events, panel discussions, and networking,...


Pakistan wants to form larger share of labour force for Saudi’s futuristic NEOM project

The government wants a greater share of Pakistanis to form the workforce that is contributing to the mammoth NEOM city project in Saudi Arabia.  Saudi ambassador to Pakistan H.E Nawaf Bin Said Al-Malki called on Minister for Overseas Pakistanis and Human Resource Development Sajid Hussain Turi on Thursday.  Turi discussed issues and opportunities for creating jobs for overseas Pakistanis in Saudi Arabia and emphasized ensuring a sizeable Pakistani quota formed the workforce for the...


Lucid set to start work on Saudi EV factory

Lucid Group, setting new standards with the longest-range, fastest-charging electric car on the market, has set the stage for the construction of its AMP-2, a world-class production factory in Saudi Arabia with the hosting of a ceremonial signing event.


Saudi giga projects merger to create new development powerhouse

Saudi Arabia’s Public Investment Fund (PIF) is combining two giga projects with The Red Sea Development Company (TRSDC) having taken over Amaala under a single new entity, which will be soon known as Red Sea Global, according to the joint CEO of both companies.


Saudi Arabian government’s Public Investment Fund buys 5% stake in Nintendo

The Saudi Arabian government’s Public Investment Fund (PIF) has reportedly acquired a five percent stake in game developer and publisher Nintendo.  The $500bn (~£403bn) fund said it purchased the stake for "investment purposes", according to a filing to Japan’s Finance Ministry reported by Bloomberg.


Saudi Arabia rejects NEOM Tourism Head’s assertions on nickname, alcohol

Saudi Arabia rejected Andrew McEvoy’s assertions about special characteristic or nickname that those living in NEOM City will be associated with and about free flow of wine and alcohol.

In a strongly worded rebuttal of NEOM City’s Tourism Sector Head, Andrew McEvoy, Saudi Arabia Monday said the much hyped ultra-modern future city, will be governed by the Kingdom’s rules and regulations.



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