Business & Money | Tuesday 24 September, 2019 2:33 am |

Saudi National Day marked the start of work on the $500 billion NEOM megacity in the Kingdom’s northwest, the project’s CEO announced on Monday.
Congratulating King Salman and Crown Prince Mohammed bin Salman on the occasion of country’s National Day, Nadhmi Al-Nasr said implementation of the scheme was all set to begin.
 “The work on NEOM Bay Airport is complete and the development of labor compounds that will contribute to the growth of the project is now launched, in addition to equipping the residential and administrative area for NEOM employees who will be moving there.”
Al-Nasr added: “We are pleased to announce that NEOM has almost finalized the establishment of strategic plans for this project and its various economic sectors, and we are ready to begin their actual implementation.”  “We are willing to work day and night, so that the coming year, 2020, will be the beginning of the actual momentum of the NEOM projects, embodying the Saudi endeavor to build a promising future for the country.”