Saudi Arabia announces investment city linked to Egypt, Jordan

RIYADH – 24 October 2017: Crown Prince Mohammed bin Salman announced on Tuesday a half trillion dollar investment city which will run across Saudi Arabia, Egypt and Jordan, the state news agency SPA reported.

The project, called Neom, will be on 26,500 square kilometres (10,230 square miles), SPA said, adding the first phase would be ready in 2025.