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Trojena
Trojena (styled TROJENA; ) 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 from the Gulf of Aqaba, covering a total area of with an elevation ranging from above sea level. The tourism destination is part of Saudi Vision 2030 and when announced in 2022 was set to be completed by 2026. A 2023 review of the project found that costs had surged by over $10 billion, leading the project to fall below the internal rate of return. An internal audit found evidence of financial manipulation to justify the cost overruns and obfuscate problems related to the project. Background The region aims to attract 700,000 visitors and 7,000 permanent residents by the year 2030. Trojena is expected to contribute to the Kingdom's GDP by $800 million and create 10,000 jobs. Trojena will consist of a ski village, a variety of restaurants and retail stores, ultra-luxury family and h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NEOM
Neom (styled NEOM; , ) 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. The total planned area of Neom is . Multiple regions are planned, including a floating industrial complex, global trade hub, tourist resorts, and a linear city powered by renewable energy sources. Saudi Arabia claimed that NEOM would create around 460,000 jobs and add an estimated $48 billion to the country's GDP. Thousands of people have been forcibly moved to make way for the project and villages have been razed. Much of the city is hoped to be completed by 2030, with the up coming Saudi VISION 2030 around the corner. though some experts have expressed skepticism about the ambitions of the megaproject. The project's estimated costs exceed $8.8 trillion (more than 25 times the annual Saudi budget). On 29 J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2029 Asian Winter Games
The 2029 Asian Winter Games (), officially known as the 10th Asian Winter Games and commonly known as Neom 2029 (), will be the tenth edition of the Asian Winter Games, a pan-Asian winter multi-sport event to be held in the winter of 2029 in Neom, Saudi Arabia. Neom 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 the Arabian Peninsula. It will also be the first winter sporting event held in an Arabic-speaking country. Development and preparations The Games sports will take place in Trojena, a mountain tourism destination under construction in Neom. Trojena is expected to become the first major outdoor skiing destination in the Arabian Peninsula upon scheduled completion in 2026. Trojena's ski village, as well as indoor venues for the ice sports, could be used. The final program for the Games has not yet been decided, but is expected to have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Winter Games
The Asian Winter Games (AWG) is an international multi-sport event held every four years for members of the Olympic Council of Asia (OCA) featuring winter events. The Japanese Olympic Committee first suggested creating a winter version of the Asian Games in 1982. Their efforts were rewarded when they received hosting rights for the first edition, held in Sapporo in 1986, as the city had the infrastructure and expertise gained from hosting of the 1972 Winter Olympics. From having only seven OCA member nations participate in the first edition, the number of competing nations in the Winter Asiad has grown consistently. In the 2007 Asian Winter Games in Changchun, 27 out of the 45 members fielded a record number of competitors, while all 45 National Olympic Committees sent delegations for the first time in AWG history. Although games were considered for Lebanon in 2009, they were ultimately cancelled. The next edition is scheduled to be held in Neom, Saudi Arabia in 2029. L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Vision 2030
Saudi Vision 2030 (, sometimes called Project 2030) is a government program launched by Saudi Arabia which aims to achieve the goal of increased diversification economically, socially, and culturally, in line with the vision of Saudi crown prince and prime minister Mohammed bin Salman. It was first announced on 25 April 2016 by the Saudi government. 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". Despite efforts to reduce Saudi dependence on oil, , Saudi Arabia remains heavily dependent on oil revenue, as measured by its contribution to gross domestic product (GDP), fiscal revenue, and exports. Oil accounted for approximately 40% of Saudi GDP and 75% of its fiscal revenue. Additionally, the program is facing strong criticism from human rights advocates, with allegedly over 21,000 workers having died on the job ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proposed Special Economic Zones
Proposal(s) or The Proposal may refer to: * Proposal (business) * Research proposal * Marriage proposal * Proposition, a proposal in logic and philosophy Arts, entertainment, and media * The Proposal (album), ''The Proposal'' (album), an album by Ransom & Statik Selektah Films * The Proposal (1957 film), ''The Proposal'' (1957 film), an Australian television play based on Chekhov's 1890 play * The Proposal (2001 film), ''The Proposal'' (2001 film), starring Nick Moran, Jennifer Esposito, and Stephen Lang * The Proposal (2009 film), ''The Proposal'' (2009 film), starring Sandra Bullock and Ryan Reynolds * The Proposal (2022 film), ''The Proposal'' (2022 film), starring Joe Joseph and Amara Raja * "Wild Tales (film)#"La propuesta", La propuesta" ("The Proposal"), a short story in the 2014 Argentina anthology film ''Wild Tales'' Literature * ''Proposals (play)'', a 1997 play by Neil Simon * The Proposal (novel), ''The Proposal'' (novel), 1999 and 35th book in the ''Animorphs'' seri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Saudi Arabia
The economy of Saudi Arabia is highly reliant on its petroleum sector. Oil accounts for approximately 30% of Saudi GDP and 55% of government revenue, with substantial fluctuations depending on oil prices each year. The kingdom has the second-largest proven petroleum reserves, and the fourth-largest measured natural gas reserves. Saudi Arabia is currently the largest exporter of petroleum in the world. Other major parts of the economy include refining and chemical manufacturing from the oil reserves, much of which is vertically integrated in the state-owned enterprise, Saudi Aramco. Saudi Arabia is a permanent and founding member of OPEC. In 2016, the Saudi government launched its Saudi Vision 2030 program to reduce its dependency on oil and diversify its economic resources. By 2022, Saudi Arabia had only modestly reduced its dependence on oil. Monetary policy in Saudi Arabia is anchored by the fixed exchange rate of the Saudi Riyal to the U.S. Dollar. Nearly every maj ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Proposed Populated Places
Proposal(s) or The Proposal may refer to: * Proposal (business) * Research proposal * Marriage proposal * Proposition, a proposal in logic and philosophy Arts, entertainment, and media * ''The Proposal'' (album), an album by Ransom & Statik Selektah Films * ''The Proposal'' (1957 film), an Australian television play based on Chekhov's 1890 play * ''The Proposal'' (2001 film), starring Nick Moran, Jennifer Esposito, and Stephen Lang * ''The Proposal'' (2009 film), starring Sandra Bullock and Ryan Reynolds * ''The Proposal'' (2022 film), starring Joe Joseph and Amara Raja * " La propuesta" ("The Proposal"), a short story in the 2014 Argentina anthology film ''Wild Tales'' Literature * ''Proposals (play)'', a 1997 play by Neil Simon * ''The Proposal'' (novel), 1999 and 35th book in the ''Animorphs'' series by K.A. Applegate * ''The Proposal'', alternative title of Chekhov's 1890 play ''A Marriage Proposal'' Television * ''The Proposal'' (American TV series), a 2018 reality ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zones
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for bei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Line, Saudi Arabia
The Line (stylised THE LINE; ) is a planned smart city in Neom, Tabuk Province, Saudi Arabia, to be housed in a single very long building—a linear settlement—that is designed to have no cars, streets or carbon emissions. The plan is for the city to span at a height of and a width of , sized to accommodate a population of 9 million, 25% of Saudi Arabia's 2022 population of 35.5 million. The Line is planned to have an entirely glass mirror exterior, with all basic services within a five-minute walking distance. The plan was announced in 2021. Saudi Arabia stated that it aimed to complete a central segment by 2030, with completion of the full project in 2045. In 2024, the The Wall Street Journal, ''Wall Street Journal'' and ''Bloomberg News, Bloomberg'' reported that the first phase would only be long; Saudi officials denied this and stated that the project was continuing as planned. In 2024, after US$50 billion had been spent, the project was reported to be facing proble ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
