NEOM

NEOM

About

What is NEOM?

Neom is an initiative of Saudi Arabia's crown prince Mohammed bin Salman and forms part of the Saudi Vision 2030 plan to diversify the country's economy to reduce its dependence on oil.

Led by the Public Investment Fund, NEOM is a place that prioritizes people and nature, creating a new model for sustainable living, working and prospering.

It is a place where humanity can progress without compromising the health of the planet.

 

What does NEOM mean?

The name NEOM is derived from two words. Envisioned by His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Company Board of Directors, the first three letters come from the Ancient Greek prefix neo – meaning 'new'. The 'M' is the first from 'Mustaqbal', an Arabic word meaning 'future'. The M is also the first letter of the Crown Prince, Mohammed bin Salman.

Coming from the future, before it was even launched, this is how NEOM came about, and this is how its founder, His Royal Highness, Crown Prince Mohammed bin Salman, envisioned it, as he laid its foundations to be the future, an agent of progress and change.

It was therefore expected that “future” be intertwined with NEOM’s basic identity, its name, its values and its vision, and this is how NEOM is… from the future and to the future.

 

 

"If we are to solve the challenges of tomorrow, we must face up to them today, no matter how difficult they may seem. At NEOM, we are addressing some of the most pressing challenges facing humanity by bringing together a community of the brightest minds committed to reimagining what a sustainable future will look like in 20 to 30 years, and building it today. We are redefining the future now. NEOM is open for business."

NEOM Chief Executive Officer
Nadhmi Al-Nasr

Company profile type: 
Employer
Company size: 
1000+ employees
Industry: 
Engineering, EV and Battery, Renewables
Wanted occupational fields: 
Electrical, Engineering, Environmental, Renewable Energy, Solar, Wind

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FAQ: 

What is NEOM?

NEOM is a region in the north west of the Kingdom of Saudi Arabia. NEOM means ‘new future’ and with more than 3,600 staff – from 97 countries – already living and working here onsite, it has already become a home for people who dream big and want to be part of building a new economic model for the country and the world.

When will NEOM be built?

NEOM is already being built and the first destinations will come online in 2024. The project is phased, with OXAGON also getting its first residents in 2024 and TROJENA becoming a place to live, work and holiday in 2026. The first modules of THE LINE will also be activated in 2026 and by 2030, some one million people will be resident in NEOM, rising to nine million in 2045.

Are people living and working in NEOM already?

Yes, some 2,800 staff already live and work at NEOM – and our teams are growing rapidly. We have built a number of communities within NEOM that some of the world's best and brightest talent now call home. These pioneers are the foundation for the new future we are building and our international workforce is diverse, originating from more than 80 countries.

Which business sectors are active in NEOM?

Our sectors stretch right across the knowledge economy verticals and include: Design & Construction, Education, Energy, Entertainment & Culture, Financial Services, Food, Health & Wellbeing, Manufacturing, Media, Mobility, Sport, Technology & Digital, Tourism and Water. We have already launched a number of subsidiary companies and that trend will continue.

Is NEOM a city?

Our sectors stretch right across the knowledge economy verticals and include: Design & Construction, Education, Energy, Entertainment & Culture, Financial Services, Food, Health & Wellbeing, Manufacturing, Media, Mobility, Sport, Technology & Digital, Tourism and Water. We have already launched a number of subsidiary companies and that trend will continue.

What will life be like in NEOM?

As a community of pioneering dreamers and doers, NEOM is adopting and creating sustainability, advanced technology and a new economic model. And with the coast, desert and mountains on our doorstep – this is really the perfect place to work, live and play.

Who will live at NEOM?

NEOM is a place for all people from across the globe to make their mark on the world in creative and innovative ways by offering its residents a compelling lifestyle paired with excellent economic opportunities. Currently, there are already residents including NEOM employees, their families and commercial partners from more than 80 different nationalities.

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