Saudi Arabia: Regulatory Status of NEOM Clarified
Arab News, 16 May 2022: NEOM’s Chief Investment Officer has clarified the regulatory status of NEOM.
They issued the clarification following comments by NEOM’s Head of Tourism at the Arabian Travel Market.
They suggested residents in NEOM will have a special status.
The Investment Officer clarified the $500-billion future city will have its own regulations based on global best practices which will allow businesses to grow and develop.
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