Crown Prince HRH Prince Mohammed bin Salman unveiled “Neom”, an ambitious new $500 billion smart mega-city project in North-Western Saudi Arabia powered entirely on renewable energy, at the Future Investment Initiative Forum in Riyadh on 24 October.
The high profile three day event was attended by over 2500 delegates from 65 countries. UK speakers included Secretary of State for International Trade Dr Liam Fox MP, Former Prime Minister Tony Blair, Sir Richard Branson and HSBC Group CEO Stuart Gulliver. Described as a Majlis to embrace global opportunities and create new partnerships, the Davos style forum was also an opportunity to debate diversification of the Saudi economy and progress of Saudi Vision 2030.
A number of SBJBC members attended and participated in some great networking opportunities. The event is expected to be held annually.