Cryptocurrency Q&A Who is Neom owned by?

Who is Neom owned by?

CryptoMystic CryptoMystic Sat Aug 17 2024 | 5 answers 1179
Can you please clarify who exactly owns Neom? Is it a government entity, a private company, or a consortium of investors? Is there a clear hierarchy of ownership or are there multiple stakeholders involved? It would be great if you could provide some more context on the ownership structure of Neom and any relevant details that would help understand its governance and decision-making processes. Who is Neom owned by?

5 answers

CryptoWizard CryptoWizard Mon Aug 19 2024
NEOM, a groundbreaking venture, was formally incorporated as a closed joint-stock company on January 22, 2019. This strategic move marked the commencement of its ambitious journey towards transforming the global economic landscape.

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Claudio Claudio Sun Aug 18 2024
The Public Investment Fund of Saudi Arabia (PIF), renowned for its forward-thinking investments, stands as the sole owner of NEOM. This unprecedented partnership underscores PIF's commitment to driving innovation and economic diversification in the Kingdom.

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BitcoinBaron BitcoinBaron Sun Aug 18 2024
NEOM's establishment signifies a major milestone in Saudi Arabia's Vision 2030, a comprehensive roadmap aimed at modernizing the country and fostering sustainable growth. The project aligns with the vision's core objectives of diversifying the economy and attracting foreign investments.

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Eleonora Eleonora Sun Aug 18 2024
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Chloe_martinez_explorer Chloe_martinez_explorer Sun Aug 18 2024
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