Global city

Saudi Arabia unveils plan to build a US$500bn high tech city in the desert. The young crown prince of Saudi Arabia, Mohammed bin Salman, have unveiled plans to build a US$500bn high tech city in the mountainous desert region of the country on the coasts of the Red Sea and the Gulf of Aqaba. The 26,500-sq-km and renewable-powered city called “Neom” which is shortened from the Arabic for “new future”, will be governed by its own laws which…