A rendering of Sindalah, the island resort that's part of Saudi Arabia's Neom project.NEOMSaudi Arabia plans to open the first part of its Neom megaproject this year.Sindalah, an island resort, is aimed at a luxury clientele and the global yachting community.Saudi Arabia is pushing to distinguish itself in the high-end luxury market to compete with Dubai.Saudi Arabia plans to open the first region of its Neom megacity by the end of the year.The island of Sindalah will provide the first physical glimpse into the ambitious desert project, which has reportedly been scaled back from its initial plans due to financial struggles.Developers say they want the island to be an "exclusive gateway to the stunning Red Sea," adding that they planned to cater to luxury clientele and the global yachting community.Neom recently ended investor roadshows in China by confirming the luxury island resort would open this year, Arab News reported.
Saudi Arabia Wants Big Spenders For The First Part Of Its Neom Megaproject
bnolan@insider.com (Beatrice Nolan), Business Insider
Sun, 04/28/2024 - 3:33am
Topics: known as the line. china arab news january marriott international marriott bonvoy chadi hauch mdlbeast beach club vives capturing united arab kristian coates ulrichsen middle east rice university's baker institute public policy the saudis saudi crown prince mohammed salman's vision bloomberg gulf kingdom sindalah arabia dubai red sea saudi neom emirates ulrichsen business insider saudis vision luxury island plans market ambitious open tourism resort high-end people reality realistic distinguish reported clientele travelers planned cater yachting month global attract rendering million included pushing megaprojects starting
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05/12/2024 - 4:28 am | View Link - Saudi Arabia wants big spenders for the first part of its Neom megaproject
Saudi Arabia plans to open the first part of its Neom megaproject this year. Sindalah, an island resort, is aimed at a luxury clientele and the global yachting community. Saudi Arabia is pushing to ...
04/27/2024 - 11:33 pm | View Link - Saudi Arabia wants big spenders for the first part of its Neom megaproject
The luxury Red Sea island resort of Sindalah is due to open this year. It's aimed at upmarket travelers to set itself apart from nearby Dubai.
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