RIYADH – The National Program for Community Development (Tanmia) has completed field survey workers for real estate located within the first phase of the NEOM project.
The survey in the northwestern region of the Kingdom, which began in mid-February, allowed NEOM to become free from any ownership restrictions or private rights.
The stage precedes the start of real estate appraisal and the payment of fair and remunerative compensation in preparation for receiving real estate from original owners.
Tanmia – a government agency concerned with communicating with beneficiaries at community development operations sites – will follow up the transition phase, to ensure the provision of a number of additional social and economic packages for the landlords.
Last year, NEOM launched the first stage of projects and began in August building the residential area, by awarding construction, financing and operating contract for housing complexes to two Saudi companies.
NEOM was established as a closed joint stock company in January 2019, and it is fully owned by the Public Investment Fund.
The company announced it would rely on a modern technology that uses solar energy to produce clean, low-cost fresh water in a way that is environmentally friendly and carbon neutral, as a step to enhance the position of the project as a new global destination, and a promising center for innovation and environment conservation.
In January, the company launched NEOM academy, which aims to develop the national manpower and created thousands of job opportunities for the members of the local community, with the aim of contributing to the Kingdom’s Vision 2030.
NEOM signed with the Technical and Vocational Training Corporation, a special memorandum of understanding, which contributes to providing training for about 6,000 Saudi citizens, who will later obtain suitable jobs within the many opportunities that the project will offer.
NEWS | Bahrain Says Foiled ‘Terrorist Attack’ Backed By Iran In Early 2020
Bahrain’s interior ministry said on Sunday it had foiled a ‘terrorist attack’ early this year that was backed by Iran’s Islamic Revolutionary Guard Corps. The statement confirmed earlier media reports about an alleged planned attack and added a timeframe. Earlier on Sunday Saudi state television Al-Ekhbariya and Bahraini newspaper Akhbar Al-Khaleej reported that interior ministry … Continue reading NEWS | Bahrain Says Foiled ‘Terrorist Attack’ Backed By Iran In Early 2020
BUSINESS | LVMH Submit Disputed Tiffany Takeover For EU Clearance
PARIS | FRANCE – LVMH said on Friday it had submitted its troubled takeover of Tiffany, which is now at the centre of a legal dispute between the two groups, for EU approval as it seeks to counter accusations that it deliberately stalled antitrust proceedings. The French group’s $16 billion acquisition of the U.S. jeweler … Continue reading BUSINESS | LVMH Submit Disputed Tiffany Takeover For EU Clearance
TRAVEL | What You Need To Know About Travel Guidelines In Saudi Arabia
The Saudi General Authority of Civil Aviation (GACA) has released its updated traveler’s guide, which accommodates the ongoing pandemic after approving international travel for some exceptional cases. The new regulations entail that non – Saudis who are entering the Kingdom must provide a medical report of their coronavirus disease (COVID-19) test and its negative results, … Continue reading TRAVEL | What You Need To Know About Travel Guidelines In Saudi Arabia
WORLD NEWS | Trump Awards Kuwaiti Emir ‘Prestigious’ Decoration, White House Says
WASHINGTON – U.S. President Donald Trump awarded the U.S. Legion of Merit, Degree Chief Commander, to Kuwaiti Emir Sheikh Sabah al-Ahmed al-Sabah, the White House said in a statement on Friday, adding that it was the first time the honor had been given since 1991. The 91-year-old emir arrived in the United States in July … Continue reading WORLD NEWS | Trump Awards Kuwaiti Emir ‘Prestigious’ Decoration, White House Says
BREAKING NEWS | Saudi – Led Coalition Says Intercepts Drone, Houthis Say Abha Airport Hit
MILAN | ITALY – A Saudi-led coalition fighting in Yemen said on Thursday it had intercepted and destroyed an explosive drone launched towards the kingdom as Yemen’s Houthi group said it had it a target at Saudi Arabia’s Abha airport. In a statement published by Saudi state news agency SPA, a spokesman for the coalition … Continue reading BREAKING NEWS | Saudi – Led Coalition Says Intercepts Drone, Houthis Say Abha Airport Hit
ENTERTAINMENT | Paris Hilton Says She ‘Feels Free’ After YouTube Documentary
There’s a scene in a new documentary about Paris Hilton, where the so-called socialite is speaking with former classmates from a Utah boarding school. They joke about how on her reality series ‘The Simple Life’, Hilton pretended to be clueless over many things – including how to perform any sort of manual labor. One bluntly … Continue reading ENTERTAINMENT | Paris Hilton Says She ‘Feels Free’ After YouTube Documentary
ROYALS | Meghan Markle, Prince Harry Ditch Royal Titles For Upcoming Television Event
Meghan Markle and Prince Harry’s royal titles were ditched for the first time in a promo video for their upcoming television appearance, The Duke and Duchess will be honored for TIME Magazine’s annual list of 100 of the world’s most influential people. ABC will air the special on Sept.22, the first time the magazine is … Continue reading ROYALS | Meghan Markle, Prince Harry Ditch Royal Titles For Upcoming Television Event
BUSINESS | Saudi Arabia’s July Crude Exports Tick Up From Historic Lows – JODI
MILAN | ITALY – Saudi Arabia’s crude oil exports bounced back to 5.73 million barrels per day (bpd) in July from 4.98 million bpd in June, official data showed on Thursday. June’s exports were the weakest recorded in data stretching back to 2002. Monthly export figures are provided by Riyadh and other members of the … Continue reading BUSINESS | Saudi Arabia’s July Crude Exports Tick Up From Historic Lows – JODI
BUSINESS | Saudi Energy Minister Promises ‘Ouching Like Hell’ For Oil Price Gamblers
LONDON – Saudi Energy Minister Prince Abdulaziz bin Salman warned traders against betting heavily in the oil market saying he will try to make the market jumpy and promised those who gamble on the oil price would be ‘ouching like hell’.
TRAVEL | International Arrivals To Abu Dhabi Must Wear Covid-19 Tracking Device
ABU DHABI – International passengers arriving at Abu Dhabi airport will now have to wear a tracking device while they complete a mandatory 14-day home quarantine due to COVID-19, according to state-owned Eithad Airways. Daily infections in the United Arab Emirates rose this month to their highest since the outbreak started, which officials have largely … Continue reading TRAVEL | International Arrivals To Abu Dhabi Must Wear Covid-19 Tracking Device
Loading…
Something went wrong. Please refresh the page and/or try again.
