Saudi to begin building homes in $500 billion futuristic city Neom

Agencies
January 18, 2019

Jan 18: Saudi Arabia said it will start building the first residential area in a proposed $500 billion futuristic city that’s become a symbol of Crown Prince Mohammed bin Salman’s ambitions for life after oil.

The kingdom plans to start work on Neom Bay in the first quarter this year, according to the state-run Saudi Press Agency.

The area will have “white beaches, a mild climate and an attractive investment environment,” SPA said. Phase one of the project will be completed by 2020, according to the agency.

The planned megacity, unveiled more than a year ago, is part of the prince’s grand plan to bolster non-oil revenue and attract foreign investment with eye-popping proposals to transform the economy, including two other tourism developments.

Neom is to be financed by the Saudi government, its sovereign wealth fund, and local and international investors.

The project includes a bridge spanning the Red Sea, connecting the proposed city to Africa. Some 10,000 square miles (25,900 square kilometers) have been allocated for the development of the urban area, which will stretch into Jordan and Egypt.

Critics have questioned the mega project after previous efforts to build industrial and financial cities have struggled to take off.

Construction of the $10 billion King Abdullah Financial District in north Riyadh began in 2006 but the 73-building hub remains unfinished.

Prince Mohammed, in an interview with Bloomberg in October, referred to the first phase of the project as the Neom Riviera.

“Neom city will be completed in 2025,” he said, adding without elaborating that “there are interesting partners in the Middle East and globally. Interesting names.”

A number of facilities will be opened at Neom by the end of this year, SPA reported, without providing further details. The private airport at the site will be used for commercial flights by year-end, it said.

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News Network
January 2,2025

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Israel has conducted a fresh round of strikes on the southern Gaza Strip city of Khan Yunis, claiming the lives of at least 11 people amid the regime’s unceasing aggression on the Palestinian territory.

Local media said the Israeli onslaught targeted a tented encampment in the al-Mawasi area of western Khan Yunis at dawn on Thursday.

The aggression killed at least 11 people, including three children, and the resulted in the injury of 12 others, with reports naming Major General Mahmoud Salah, the director general of the police department in the Palestinian Interior Ministry in Gaza, among the fatalities.

The occupation forces also struck the central Gaza Strip, where Israeli vehicles fired at the north of Nuseirat refugee camp and shelled the west of the camp with artillery.

The regime’s helicopters also fired at the southwest of Deir al-Balah.

Moreover, the Israeli forces launched a raid targeting Gaza City and the Saftawi area, northwest of the city, as well as the Jabalia camp in the north of the Strip.

The official Palestinian news agency WAFA reported on the first day of the New Year that the Israeli regime had slaughtered 17 Palestinians in the northern Gaza refugee camp of al-Bureij.

Twenty Palestinians were also injured in the Wednesday airstrike.

Israel launched the war on Gaza on October 7, 2023, after Palestinian resistance groups carried out a surprise retaliatory operation into the occupied territories.

So far, Israel has killed 45,553 Palestinians, most of them women and children, and injured 108,379 others.

Most of Gaza’s 2.3 million people have been displaced and much of the besieged territory is in ruins.

Occupation of Gaza City

Citing Israeli media, Turkey’s state-run Anadolu news agency reported on Wednesday that the Israeli regime was considering ordering the military to occupy Gaza City.

Israeli Channel 14 claimed the move comes amid a stalemate in indirect negotiations aimed at reaching a Gaza ceasefire and prisoner swap deal with Palestinians.

“The political echelon is considering issuing an order to the Israeli army to head south and occupy Gaza City in the near future,” the channel said.

“Such an operation is possible now, especially in light of the ceasefire in Lebanon and the availability of more army forces to carry out large-scale and prolonged maneuvers.”

The broadcaster also said Israeli prime minister Benjamin Netanyahu’s cabinet is “satisfied” with the results of its military campaign in northern Gaza.

Mediation efforts led by the US, Egypt, and Qatar to reach a ceasefire in Gaza have so far failed due to Netanyahu’s refusal to halt the protracted war.

In November, the International Criminal Court issued arrest warrants for Netanyahu and his former minister of military affairs Yoav Gallant for war crimes and crimes against humanity in Gaza.

Israel also faces a genocide case at the International Court of Justice for its war on the blockaded territory.

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News Network
January 4,2025

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Bengaluru, Jan 4: Kannada star Dr Shivarajkumar, son of Kannada film legend Dr Rajkumar, has been discharged from the hospital in Miami, US, following complete recovery from cancer, family sources confirmed on Saturday.

Nivedita, Shivarajkumar’s daughter, has shared a picture showing the actor and family in a relaxed mode. Sources further stated that Shivarajkumar will be in the US for follow-ups and resting for one month and he will be back for the shooting by Feb first or the second week.

Shivarajkumar is expected to begin shooting of the Telugu superstar Ramcharan-starrer pan India movie soon. 

Earlier, Shivarajkumar shared a video from the US on the first day of 2025, detailing his journey of overcoming cancer and assuring fans of his return.

In the video, he conveyed his New Year wishes to everyone and said, “I am hesitant to speak as I might get emotional at this moment. Leaving Karnataka was a very emotional experience for me. Under these circumstances, fear is inevitable, but the support of my fans has significantly reduced it.”

He continued, “The way the doctors took care of me, gave me immense courage. While shooting for the movie ‘45’, I underwent chemotherapy and even filmed the climax fight scene. As the date to leave for the US for treatment approached, I became anxious. However, my wife Geetha and daughter Nivedita stood by me throughout.”

“Dr Manohar, who treated me, cared for me like a child. My urinary bladder has been replaced, but there is no need for anyone to panic. I am doing well and will be back with double the energy. I thank all my fans for their unwavering support,” Shivarajkumar assured.

Geetha Shivarajkumar, his wife, who had appeared in the video alongside him, stated that all the medical reports had come back negative, and it was officially declared that Shivarajkumar is cancer-free. “He recovered because of the blessings of his fans, and I will never forget this,” she said.

The actor underwent surgery at a hospital in Miami, US, where his cancerous bladder was removed. According to the surgeon, Dr Murugesh Manoharan, an artificial bladder was created using Shivarajkumar’s intestine.

In November, Shivarajkumar had spoken publicly about his illness, acknowledging that he was human like everyone else. While he didn’t disclose it was cancer at the time, he said, “At the end of the day, I am a human being. I have a health issue and am currently undergoing treatment for it. I have completed a couple of treatment sessions, and a few more are pending. After that, I will undergo surgery, either in India or the US.”

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News Network
January 1,2025

Udupi: In a shocking case of investment fraud, a 72-year-old man from Udupi, Karnataka, lost Rs 49 lakh after falling prey to a deceptive stock market scheme. The incident highlights the growing menace of online scams targeting unsuspecting individuals.

According to the complaint filed by Francis Castelino, an unknown individual added his son's mobile number to a WhatsApp group titled "Stock Market Navigation." The group shared stock market insights and promised lucrative returns, convincing Castelino’s son to invest. Trusting the information, the son persuaded his father to make substantial investments.

On December 30, 2024, Castelino transferred Rs 17,00,000, his wife contributed Rs 10,50,000, and their son invested Rs 21,50,000 to the bank account provided by the fraudsters. 

However, when Castelino attempted to withdraw the invested money, he and his family were pressured to reinvest further. Realizing that the promised profits and their principal amount were not forthcoming, the family approached the police for help.

A case has been registered at the Udupi CEN Police Station under Sections 66(C) and 66(D) of the IT Act and 318(4) BNS. Investigations are underway to track down the culprits and recover the lost funds.

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