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SMASCO was established in 2012 as a human resources company with a fully paid-up capital of 100 million Saudi Riyals, which increased to 400 million Saudi Riyals ($106 million) by 2024. [ 7 ] [ 8 ] [ 9 ] SMASCO is the first company to obtain a government license to provide labor services in Saudi Arabia.
Neom (styled NEOM; Arabic: نيوم, romanized: Niyōm, Hejazi Arabic pronunciation: [nɪˈjo̞ːm]) is an arcology and planned city being built by Saudi Arabia in Tabuk Province. Launched in 2017 by crown prince Mohammad bin Salman, the site is at the northern tip of the Red Sea, due east of Egypt across the Gulf of Aqaba and south of Jordan.
It is claimed by the Saudi government that it will create 460,000 jobs, spur economic diversification, and contribute 180 billion SAR (US$48 billion) to domestic GDP by 2030. [6] According to Crown Prince Mohammed bin Salman in 2022, the first phase project is expected to cost SAR 1.2 trillion (US$320 billion), and the Saudi sovereign wealth ...
This week, we’re sitting down with Wayne Borg, Managing Director of Media, Entertainment and Culture and Fashion at Neom, and he tells us how the Saudi Arabia-based media hub, which recently ...
King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran, Saudi Arabia Nadhmi A. Al-Nasr [ 1 ] ( Arabic : نظمي النصر ) is the former CEO of the NEOM project from 2018 to 2024 and is the former Executive Vice-President for Administration and Finance at King Abdullah University of Science and Technology and has held this office ...
According to The Guardian, as of 2013 there were more than half a million foreign-born domestic workers in Saudi Arabia. Most have backgrounds in poverty and come from Africa, the Indian subcontinent and Southeast Asia. [32] To go to work in Saudi Arabia, they must often pay large sums to recruitment agencies in their home countries.
In June 2022, the Defense Health Agency awarded Parsons a spot on a potential $10 billion multi-award contract for military medical research and development support. [122] In 2023, Parsons was confirmed as the delivery partner for The Line at NEOM, a 170 km linear city being built in Saudi Arabia. [123]
Trojena (styled TROJENA; Arabic: تروجينا) is a mountain tourism destination under construction in Neom, Tabuk Province, Saudi Arabia.Trojena is one of the various announced regions of NEOM and will be located 50 km (31 mi) from the Gulf of Aqaba, covering a total area of 60 km 2 (23 sq mi) with an elevation ranging from 1,500–2,600 m (4,900–8,500 ft) above sea level.