A few highlight about the recent NEOM project .The company has recently started the construction work on the first phase of the residential complexes. More than 30.000 workers will be moving to NEOM to develop a different areas of the project.The work has started with the presence of the company CEO Nadhmi Al-Nasr in addition of two other companies heads involved in the building contracts . Al-tamimi group and SATCO . Taking notes that the contract was been awarded in sep 8 for the housing and awarded for 10 yrs forward for the listed companies .

To mention that NEOM project is a cross-border city in the Tabuk Province of northwestern Saudi Arabia , planned to incorporate smart city technologies and also function as a tourist destination, it is situated in the red sea and shares the common area between Egypt and Jordan, and cover a total area of 26,500 km2 (10,200 sq mi) and will extend 460 km along the coast of the Red Sea.