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Saudi Arab to Create NEOM –Classic City Defying Dubai

Saudi Arab to Create NEOM –Classic City Defying Dubai

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Gulf war, recession in oil industry, devastating infection of chemical weapons used by ISIS militants and the recent slaughtering of Nimr al Nimr can’t derail Riyadh from vision 2030. Prince Mohammed bin Salman has dished out a gigantic heavenly $500 billion worth project to create classic NEOM city near Rea Sea. It will be majestic tourist place for business tycoons, billionaires, and elegant celebrities to visit his dream land. However, will it be an easy task for Salman to build up the second paradise ignoring his condition? Experts expect that he will have to face tussle, repercussion and strong challenge from his own members.

What is NEOM?

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NEOM will be a semi-autonomy administration with the personal control of Salman and his royal family members. This sophisticated city will be constructed over stretch of 26,500 square kilometers land located nearby Red Sea. It will be a magnificent showpiece which must reflect the glossiness of aristocracy and vanity of Salman. This ultra modern NEOM city will be the connector to enable visitors to travel to Jordon and Egypt. Well, Salman has told reporters that it is his work of art to decorate the city in colors. NEOM is the hotspot for romantic lovers, and elite people to have awesome amenities which seem to be absent in Dubai. My Goodness! NEOM will be adorned with clusters of sky kissing resorts, automate robots and sophisticated gadgets to lure travelers. Salman has the plan to use the artificial intelligence to innovate NEOM. It will be an IOT enabled portal which must be equipped with world class artifacts and sumptuous fixtures to distinguish the city from Dubai.

Participation of Women Allowed to Drive Cars

Restrictions don’t allow women to drive cars in Riyadh. However, NEOM will be special city for women. They will not be prevented from car driving without any assistance. The change in them is significant. In Riyadh, many elite women are seen doing exercises wearing skin tight costumes and leotards. They are given education and permit to mix with men. Car driving for women is still prohibited in Saudi Arab. However, Salman is consulting to modify the law for female emancipation.

EOM-Chunk of Infrastructural Aesthete

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NEOM is the chunk of elegance. Its radiance is unbeaten. Travelers are cordially accepted by citizens of NEOM. The local administrative machinery will be meticulous to protect the most valuable properties and lives of citizens. NEOM must have the touch of modernization. A number of financers like Stephen Schwarzman, Blackstone CEO are enthusiastic to befriend Salman for finishing NEOM. This big project will spot hidden places for recovery. For instance, coastal line will be renewed and breathable. Top notch 50 islands and lagoons will be designed by the best architects in the world. The government of Riyadh will not be close fisted gentleman as it has already overspent for cutting the foundation ribbon. There will be the mixture between the reality and fiction. The virtual holographic technology will be borrowed to rejuvenate the recreational hubs, plazas, shops and multistoried resorts. Secondly, AI infrastructures will be installed to smarten up all corners of the city dynamically. Innovation is the centerpiece of attention. Global visitors will spend winter season in NEOM. Their cute sweethearts will wear leotards to do jogging on the lustrous green lawn outside the resorts. The outdoor ambience must be cool with zero carbon. This detoxified city will be the play station for young hearts to hobnob and chat.

ramco Meant for IPO – to Decorate NEOM-2030 Vision

alman has announced that his 2030 vision must not be incomplete. To collect the fund, Salman will accelerate the taxes and people will be directed to assist him. The budget for city decoration must be heavy and he has no way to accumulate the resources. In between, Riyadh has shared few documents, pictures and files for updating people. Aramco Company is regulated by royal family of Riyadh. During economic downturn to establish NEOM, Salman will have support by selling the shares of Aramco to third parties. Initial public offering is a system to handover the shares to interested candidates or financers to raise fund. Share holders are not directly members of management. In return, these partners will have revenues depending on product sales or profits. Salman will sacrifice 5 percent of shares to financers. Now, there are many hindrances and legal bindings. It will not be simple paperwork. Salman has to open account in investment bank to do transactions. Besides, he will have to consult with financers to launch any product, update budget and make decision. He will act as a passive CEO with little power to control board of directors. Media assumes that maybe China will buy back bundles of shares to enter into the management of Aramco. China will review relationship of Riyadh with US. Certainly in ME, Beijing is trying to capture power. Energy industry must be expandable. If Russia loses support, Chinese energy and gasoline industries will find the shelter to promote business.

rinces Arrested for Corruption –Salman in Trouble

EOM is a superb platform for royal family to feel boast of. However, it is not a smooth silky route for Salman to materialize his sweet dream. In the year of 2008, revolt in his family happened. Alwaleed bin Talal expressed his resolution to become the head of the department of Abdulaziz ibn Saud’s empire. However, he had to hush up his intention because of the recap of caustic rapport with this royal family His father protested and he was threatened up by seniors. His respected father wanted to decentralize power closing the episodes of monarchism. So, prince is counting days for finding opportunities to have the political power. In between, Saudi Arab has had to change a number of rules to restrict the functionalities of many hidden rebels’ organizations. Shia Sunni tussle ripped through the ceilings of palace of Salman. The execution of Nimr al Nimr, Shia cleric, is an example to punish rebels. Shia controlled Iran has been pressurized by Salman not to go against Riyadh. Meanwhile, Salman has ordered troops to arrest Alwaleed bin Talal, ministers and businessmen. 10 princes, high officials and clerics have been house arrested because of fraudulence. The anti-corruption campaign has been launched to track these eminent persons for cross examinations. Now, the real battle has started inside Salman’s own kingdom. Alwaleed bin Talal has $16 billion worth assets. He offered million dollars for green cities and sustainable energy storage. He has good tie-up with other princes like Nayef. Salman is destabilized for the popularity of Alwaleed bin Talal. If Salman is toppled, NEOM will be heartless and defunct. This struggle for supremacy and power must be caustic for Salman.

Conclusion

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Ethnic clash, revenge, expansion of Hezbollah regime in Lebanon, Iran’s nuclear tests, and Israel’s aggressive statement to build new military base camps close to Syria must not be digestible. Riyadh has to soothe the bilateral relationship with Iran to end the racial profiling. Salman needs to invite other princes of his family to have alternative solution. Their support will be asset to him to finalize the project to establish NEOM close to Red Sea. Besides, political tension, and infighting must be minimized. Is Salman protected from missiles? It is also a matter of deep analysis. He has to be cool with patience have unanimous support from countrymen as well as other parts of the world.

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