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NEOM
Neom (styled NEOM; ''Neom,'' ) is a city being built in Tabuk Province in northwestern Saudi Arabia. It is planned to incorporate smart city technologies and function as a tourist destination. The site is north of the Red Sea, east of Egypt across the Gulf of Aqaba, and south of Jordan. It is planned to cover a total area of , extending 170 kilometres along the coast of the Red Sea. Saudi Arabia aimed to complete major parts of the project by 2020, with an expansion completed in 2025, but it is behind schedule. The project has an estimated cost of $500 billion. On January 29, 2019, Saudi Arabia announced that it had set up a closed joint-stock company named Neom. The aim of this company, which is wholly owned by the Public Investment Fund, the Saudi sovereign wealth fund, is to develop the economic zone of Neom. The project is planned to be totally powered by renewable energy sources. Experts have expressed skepticism about the ambitions of the megaproject. According to a Jul ...
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Klaus Kleinfeld
Klaus-Christian Kleinfeld (born 6 November 1957 in Bremen, Germany) is the former chairman and chief executive officer (CEO) of Arconic. Kleinfeld is former chairman and CEO of Alcoa Inc., and former president and CEO of Siemens AG. Kleinfeld stepped down as chairman and CEO of Arconic on 17 April 2017. In October 2017, he was named director of Saudi Arabia's Neom initiative. It was announced in July 2018 that Kleinfeld would be promoted from director of Neom to advisor of Crown Prince Muhammad bin Salman on 1 August 2018, and that Nadhmi Al-Nasr would succeed him as director of Neom. In August 2007, Kleinfeld was appointed COO of New York, NY-based Alcoa Inc. In May 2008, Kleinfeld was appointed CEO of Alcoa, succeeding Alain Belda. In April 2010, Kleinfeld was named chairman of Alcoa and continued to serve as CEO and chairman of the board until his resignation in April 2017. Kleinfeld served as CEO of Munich, Germany-based Siemens AG from January 2005 until July 2007. Kleinfe ...
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Nadhmi Al-Nasr
Nadhmi A. Al-Nasr is the CEO of NEOM project and is the former Executive Vice-President for Administration and Finance at King Abdullah University of Science and Technology and had held this office since 2008. He was born in 1956 in Saihat. He was the interim president of the institution in 2006 when the university was still in infancy. Education In 1978, he obtained a B.S. in Chemical Engineering from KFUPM in Dhahran, Saudi Arabia. Career He joined Saudi Aramco in 1978. In 1991, he managed the massive expansion program in the Ghawar oilfield, to fill the production gap caused by the loss of oil output from Iraq and Kuwait during the Gulf War. Later he held many managerial positions including the management of Shaybah Development Project. He spent the last 13 years of his career working with international engineering and consulting firms in the US, UK, Netherlands, and Japan. In March 2006, he was named vice president of Engineering Services at Saudi Aramco. He assumed th ...
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Saudi Vision 2030
Saudi Vision 2030 ( ar, رؤية السعودية ٢٠٣٠ ''ruʾyah al-suʿūdiyah'') is a strategic framework to reduce Saudi Arabia's dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism. Key goals include reinforcing economic and investment activities, increasing non-oil international trade, and promoting a softer and more secular image of the Kingdom. It also consists of increasing government spending on the military, as well as manufacturing equipment and ammunition. The first details were announced on 25 April 2016 by Crown Prince Mohammed bin Salman. The Council of Ministers has tasked the Council of Economic and Development Affairs (CEDA) with identifying and monitoring the mechanisms and measures crucial for the implementation of "Saudi Arabia's Vision 2030". In 2021, ''The Guardian'' wrote despite Saudi Arabia's commitment to diversify its economy, the government was still 75 ...
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Tabuk Region
Tabuk ( ar, مِنْطَقَة تَبُوْك '), also spelled ''Tabouk'', is a region of Saudi Arabia, located along the north-west coast of the country, facing Egypt across the Red Sea. It has an area of 146,072 km2 and a population of 910,030 (2017). Its capital is Tabuk. The governor is Fahd bin Sultan since 1987. In recent years, the province has received substantial media attention due to the Saudi government's futuristic Neom City project in the province. History The history of the Tabuk region dates back to 5,000 years ago. The region is identified with the land of Madyan. The region is traversed by the Hejaz Railway, which was a focus for attacks during the Arab Revolt of 1916/18. Population Major cities * Tabuk * Tayma * Duba * Al Wajh * Haql * Umluj * Al-Bad' * Neom (Planned) * Amaala (Planned) Economy Tabuk is an active commercial center, serving pilgrims passing through towards Mecca. Due to its moderate climate, it's also the site of sev ...
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Tabuk Province
Tabuk ( ar, مِنْطَقَة تَبُوْك '), also spelled ''Tabouk'', is a region of Saudi Arabia, located along the north-west coast of the country, facing Egypt across the Red Sea. It has an area of 146,072 km2 and a population of 910,030 (2017). Its capital is Tabuk. The governor is Fahd bin Sultan since 1987. In recent years, the province has received substantial media attention due to the Saudi government's futuristic Neom City project in the province. History The history of the Tabuk region dates back to 5,000 years ago. The region is identified with the land of Madyan. The region is traversed by the Hejaz Railway, which was a focus for attacks during the Arab Revolt of 1916/18. Population Major cities * Tabuk * Tayma * Duba * Al Wajh * Haql * Umluj * Al-Bad' * Neom (Planned) * Amaala (Planned) Economy Tabuk is an active commercial center, serving pilgrims passing through towards Mecca. Due to its moderate climate, it's also the site of sev ...
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Public Investment Fund
The Public Investment Fund (PIF; ar, links=no, صندوق الإستثمارات العامة) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of $620 billion (£492 billion). It was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has been controlled by Crown Prince Mohammed bin Salman, Saudi Arabia’s ''de facto'' ruler since 2015. It has been characterized as among the least transparent sovereign wealth funds in the world. In 2016, the ''Wall Street Journal'' noted that none of the fund's investments were named. The organization's activities have stirred controversy due to its relationship with the Saudi Arabian government and its human rights record. The fund's domestic investments tend to go to firms owned by elites with long-standing personal connections to the Saudi state. Some of PIF's assets were transferred to the orga ...
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Green Hydrogen
Green hydrogen (GH2 or GH2) is hydrogen generated by renewable energy or from low-carbon power. Green hydrogen has significantly lower carbon emissions than grey hydrogen, which is produced by steam reforming of natural gas, which makes up the bulk of the hydrogen market. Green hydrogen produced by the electrolysis of water is less than 0.1% of total hydrogen production. It may be used to decarbonize sectors which are hard to electrify, such as steel and cement production, and thus help to limit climate change. The high cost of production is the main factor behind the low use of green hydrogen. Nonetheless, the hydrogen market is expected to grow, with some forecasts of the cost of hydrogen production falling from $6/kg in 2015 to around $2/kg by 2025. In 2020, major European companies announced plans to switch their truck fleets to hydrogen power. Green hydrogen can be blended into existing natural gas pipelines, and also used to produce green ammonia, the main constituent ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ...
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2029 Asian Winter Games
The 2029 Asian Winter Games ( ar, دورة الألعاب الآسيوية الشتوية 2029), officially known as the IX Asian Winter Games and commonly known as Trojena 2029, will be the ninth edition of the Asian Winter Games, a pan-Asian winter multi-sport event to be held from 30 March to 11 April 2029 in Trojena of Neom, Saudi Arabia. Trojena was elected as the host city at the 41st OCA General Assembly on 4 October 2022 in Phnom Penh, Cambodia. This will be the first Asian Winter Games held in Saudi Arabia, as well as in Arabian Peninsula. It will also be the first winter sporting event held in an Arabic-speaking country. References See also * 2025 Asian Indoor and Martial Arts Games * 2034 Asian Games {{DEFAULTSORT:Asian Winter Games, 2029 2029 in Saudi Arabian sport 2029 in multi-sport events 2029 in winter sports 2029 International sports competitions hosted by Saudi Arabia Multi-sport events in Saudi Arabia multi-sport A multi-sport event i ...
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Air Products & Chemicals
Air Products and Chemicals, Inc. is an American international corporation whose principal business is selling gases and chemicals for industrial uses. Air Products' headquarters is in Allentown, Pennsylvania, in the Lehigh Valley region of Pennsylvania. Air Products is the tenth largest employer in Lehigh County, Pennsylvania. Products Air Products serves customers in technology, energy, healthcare, food and industrial markets worldwide with atmospheric industrial gases (mainly oxygen, nitrogen, argon, hydrogen and carbon dioxide), process and specialty gases, performance materials and chemical intermediates. Air Products produces refinery hydrogen, natural gas liquefaction (LNG) technology and equipment, epoxy additives, gas cabinets, advanced coatings and adhesives. Air Products provided the liquid hydrogen and liquid oxygen fuel for the Space Shuttle External Tank. Air Products has had a working relationship with NASA for 50 years and has supplied the liquid hydrogen ...
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Johan Clarey
Johan Clarey (born 8 January 1981) is a French World Cup alpine ski racer. He specializes in the speed events of downhill and super-G. Born in Annecy, Haute-Savoie, Clarey made his World Cup debut in November 2003 and has ten World Cup podiums through He set a World Cup speed record in 2013 at the classic downhill race in Wengen, Switzerland, with a maximum speed of at the ''Haneggschuss'', the fastest section of the Lauberhorn slope. Clarey finished fifth and was injured the following week at Kitzbühel and missed the remainder of the 2013 season, including the world championships. In the winter of 2014–15, Clarey was in the top 10 three times in World Cup races and twice in the winter of 2015–16. He was again on the podium on January 2017 in Kitzbühel. At age forty in January 2021, Clarey finished second in the downhill at Kitzbühel to become the oldest ever to make a World Cup podium, his eighth. One year later he again finished second in a Kitzbühel downhill rac ...
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Larsen & Toubro
Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies. It was founded by Henning Holck-Larsen and Søren Kristian Toubro, who were two Danish engineers taking refuge in India. As of 2020, L&T Group comprises 118 subsidiaries, 6 associates, 25 joint-venture and 35 joint operations companies, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services. History Larsen & Toubro originated from a company founded in 1946 in Bombay by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company began as a representative of Danish manufacturers of dairy and allied equipment. However, with the start of the Second World ...
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