THE RIG is located 40 km offshore, close to Al Juraid Island and the Berri Oil Field in the Arabian Gulf.
Firms including Amazon, Google, and Microsoft face government legislation designed to curb economic leakage.
The development is reportedly in the early planning stages and is said to be twice the size of New York City.
The fintech “buy now, pay later” platform has achieved unicorn status after being valued at $1 billion.
The site at Qiddiya will host global events and attract 10 million visitors annually with gaming-themed accommodation and 100,000 sqm of entertainment.
SEVEN Abha will feature 8 huge attractions, including a family entertainment center with world-class rides, arcade games, and VR areas.
Taking place 5-6 December at Fairmont Riyadh, the event will feature keynotes and forums with global and regional industry leaders, experts, and innovators.
The glistening coastal tower will be situated on the Gulf of Aqaba and is billed as "a gateway to the future".
The collaboration will help to develop advanced vehicles and smart infrastructure for NEOM and other regional markets.
The project involves the creation of a cloud-based platform that will become central to the Kingdom’s smart city project.
