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.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 3,2025

Mangaluru: The long-awaited DC office complex in Padil is nearing completion, with plans underway to inaugurate the facility during Chief Minister Siddaramaiah’s visit to Mangaluru for the State Olympics meet on January 17. Karnataka Legislative Assembly Speaker U T Khader inspected the site and emphasized the urgency of completing the ₹75 crore project within the set deadline.

“We aim to finish the work by January 10 so that the inauguration can align with the Chief Minister’s visit. However, the final decision will depend on the project’s readiness by then,” Khader stated during his site inspection.

The ambitious project, reflecting the rich Tulu Nadu heritage in its design, received administrative approval on April 28, 2015. Following delays, the work order was issued on February 3, 2018, and construction began on March 17, 2018. Khader assured that the building's traditional architecture will extend to its surroundings, including an aesthetically designed entrance gate.

Spread across 5.89 acres, the complex boasts a total plinth area of 21,054.88 sq m, encompassing multiple levels:

Basement: 4043.88 sq m
Ground Floor: 7553.36 sq m
First Floor: 4158.94 sq m
Second and Third Floors: 2561.28 sq m each
Roof 1 and 2: 88.07 sq m each

The facility aims to centralize government services by housing most departments—except Revenue and RDPR—under one roof. This initiative, Khader highlighted, will streamline operations, save time, and enhance convenience for both officials and the public.

"Officials have been directed to expedite the remaining work, ensuring its timely completion," he added, reaffirming the government’s commitment to creating a functional and visually iconic administrative hub for the region.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 6,2025

gazajournalist.jpg

Journalist Mohammad Hijazi has been killed in an Israeli attack, raising the number of media workers killed by Zionist forces since the start of the war on Gaza to 220.

The Israeli regime forces killed the Palestinian writer, poet and journalist in an airstrike on northern Gaza’s Jabalia refugee camp, according to his family.

He was among nearly 90 other Palestinians killed in Israeli bombardment across the besieged territory in the last 24 hours, according to a Gaza Health Ministry statement on Sunday.

“I don’t know if I will write to you again. I keep what I have written and am writing. Maybe it will come to light one day. I refuse a cheap death. I curse the murderer,” Hijazi wrote in a post on social media in August 2023.

“Let us in this bottom that we have finally reached, arm ourselves with patience and prayer, and count the days we have lived as a historic achievement while awaiting what is coming with a broken heart, an extinguished eye, a head held high, and a spirit that fights until the end of the road.”

Since the Israeli killing machine imposed a military siege of northern Gaza in early October intensifying its bombing attacks on the the Jabalia camp, hundreds of people have been killed.

Gaza’s Health Ministry reported on Sunday that at least 88 Palestinians had been killed and 208 others injured in the past 24 hours alone.

According to media reports from central Gaza, among those killed in the latest Israeli strikes across Gaza on Sunday were three Palestinians who were living in a tent in Deir el-Balah.

A family of 15 people was also buried under the rubble in Gaza City, following a separate strike, media reported.

The Israeli regime launched its genocidal war on the Gaza Strip following a surprise operation by the Palestinian  Hamas resistance movement in October last year, killing more than 45,805 Palestinians and wounding 109,064 others.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
December 28,2024

yemen.jpg

American and British aircraft have conducted new airstrikes on the Yemeni capital, prompting Ansarullah to pledge a response.

The strikes on Friday focused on the Ma’een District in Sanaa, with no casualties reported.

"I heard the blast. My house shook," one Sanaa resident told AFP late Friday.

Israeli media promptly denied any involvement of the regime in these operations.

Nasr al-Din Amer, an official from the Ansarullah movement, emphasized that Yemen’s attacks against Israel will intensify and not decline.

Amer asserted that halting the aggression in Gaza is the only way to prevent further anti-Israel operations by the Yemeni army.

Israeli "aggression will only increase the determination and resolve of the great Yemeni people to continue supporting the Palestinian people", a Houthi statement said Friday.

This latest assault followed Thursday's Israeli aggression on Yemen’s infrastructure, including Sana’a's international airport which left six people dead.

Tens of thousands of people gathered in Sana’a Friday to protest against the Israeli strikes and express solidarity with Palestinians.

"The equation has changed and has become: (targeting) airport for airport, port for port, and infrastructure for infrastructure," protester Mohammed al-Gobisi said.

"We will not get tired or bored of supporting our brothers in Gaza."

On Friday, the demonstrators staged rallies in the capital Sana’a, and the provinces of Sa’ada, Hudaydah, Hajjah, and al-Mahwit under the slogan “We firmly stand with Gaza, the glory…without limits and without red lines,” carrying the Yemeni and Palestinian flags.

Similar rallies also took place in the provinces of Raymah, ʽAmran, Dhale, Lahij, Ma’rib, al-Bayda, Ta’izz, Ibb, and Dhamar.

The protesters voiced their solidarity with the Palestinians in defiance of the Israeli strikes on Yemen, chanting “We will continue to bomb you…escalation for escalation.”

They hailed the latest Yemeni attacks conducted earlier in the day against Israeli targets, calling on the armed forces to intensify their retaliatory operations.

Israel launched a genocidal war on Gaza on October 7, 2023, after the Palestinian resistance movement Hamas waged the surprise Operation Al-Aqsa Storm against the occupying entity in response to the Israeli regime's decades-long campaign of bloodletting and devastation against Palestinians.

The regime’s bloody onslaught on Gaza has so far killed at least 45,436 Palestinians, mostly women and children, and injured more than 108,038 others. Thousands more are also missing and presumed dead under rubble.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.