NEOM is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory where entrepreneurship will chart the course for this New Future. It will be a destination and a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses, and reinventing environmental conservation.
The discussion centers on the global energy transition, emphasizing the importance of clean, efficient fuel like green hydrogen. Wesam Alghamdi, CEO of NEOM Green Hydrogen Company, highlights the joint venture between ACWA Power, NEOM, and Air Products, which focuses on producing green hydrogen using renewable energy sources such as solar and wind.
In a discussion about the NEOM project, Majid Mufti, the chief executive of the NEOM Investment Fund, explains the ambitious goals of Saudi Arabia's Vision 2030, focusing on the development of NEOM, a vast global business hub and city designed to host up to 9 million people.