Safari Group

Safari KSA Awarded King Fahd Causeway Facility Management Contract

safari construction saudi arabia

Safari Company Riyadh                                                                                       5 October 2021

Press Release

Safari (KSA) Awarded King Fahd Causeway Facility Management Contract

Safari is a leading facilities management and construction company in the Kingdom of Saudi Arabia.

After a diligent and detailed tender process by the King Fahd Causeway Authority, Safari was selected and awarded all three facilities management packages. The contract period is for five years and includes the provision of over 500 staff who will ensure a high level of competent service is delivered to maintain and enhance the aesthetic presentation and functionality of the King Fahd Causeway a gateway between the Kingdoms of Bahrain and Saudi Arabia.

In terms of the appointment, Safari Company will be responsible for carrying out the FM operations, maintenance and complete inspection works for King Fahd Causeway for both sides (Saudi and Bahrain), including all roads, backfilling, Aziziyah crossing and buildings, including a total of 25 km of bridges and backfilling between Saudi Arabia and Bahrain, including road works, protective rails, lighting fixtures and all related accessories. The scope of work also includes the Facilities for collecting transit fees on the bridge and the surrounding area on the Saudi and Bahrain sides, and the roads leading to the entrances, as well as car insurance facilities on the Bahraini side.  The electrical power supply station for all bridges, roads and the border island located north of the intersection of the Aziziyah Bridge, as well as service stations in various locations is included and also the Marine works for inspection of all five bridges and the two truck detachment areas before entering the bridge on each side.

Safari will also undertake the cleaning of buildings, landscaping, and general site coordination as well as Pest Control for the King Fahd Causeway and its facilities at the Saudi and Bahrain side.

safari construction saudi arabia

Mr Ali Al Sagri, the Chief Commercial Officer of Safari, said -

“This appointment is a direct reflection on our abilities as a leading Facilities Management company in the Kingdom of Saudi Arabia and of our determination to achieve world class standards for our clients”.

“The King Fahd Causeway is a very important significant and strategic asset for the Kingdom of Saudi Arabia and as participants we will simply be good caretakers in time for a short period”.

“Safari is a responsible gate keeper and caretaker at other important sites of value like Diriyah Gate as well as some of the top tier palaces and other important key locations across Saudi Arabia and we take our appointments at these locations as more than just a contract, but as a service to our country, and we take our role as temporary trustees in time very seriously”.

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Safari wins FM contract for King Fahd Causeway

Five-year contract outlines a number of responsibilities including the provision of over 500 staff

safari construction saudi arabia

Saudi-based construction and facilities management (FM) firm, Safari, has said that it has been awarded all three FM packages by the King Fahd Causeway Authority, following a detailed tender process.

A statement from the firm said that, as per the five-year contract, it will provide over 500 staff to maintain and enhance the aesthetics and functionality of the King Fahd Causeway.

Safari’s scope of work includes FM operations, maintenance and complete inspection works for King Fahd Causeway on both sides, including roadworks, protective rails, lighting fixtures and all related accessories, backfilling, the Aziziyah crossing and buildings and a total of 25 km of bridges. The scope also includes the facilities for collecting transit fees on the bridge and the surrounding area on the Saudi and Bahrain sides, and the roads leading to the entrances, as well as car insurance facilities on the Bahraini side.

“Safari is a responsible gatekeeper and caretaker at other important sites of value like Diriyah Gate as well as some of the top tier palaces and other important key locations across Saudi Arabia. We take our appointments at these locations as more than just a contract, but as a service to our country, and we take our role as temporary trustees very seriously,” said Ali Al Sagri, chief commercial officer of Safari.

The statement noted that Safari will provide an electrical power supply station for all the bridges, roads and the border island located north of the intersection of the Aziziyah bridge, as well as service stations in various locations. Also included in the firm’s scope are the marine works for inspection of all five bridges and the two truck detachment areas before entering the bridge on each side.

In addition, Safari will undertake the cleaning of buildings, landscaping, and general site coordination as well as pest control for the King Fahd Causeway and its facilities on both sides, the statement concluded.

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Safari awarded King Fahd Causeway FM contract

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safari construction saudi arabia

Safari Group

Saudi arabia.

  • Projects (10)

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Safari has been active in contracting and minor construction as part of its overall Operation & Maintenance portfolio. As part of its plan, it has embarked on a strategy to enhance its market share in the very active construction sector in Saudi Arabia. With this in mind, it has strengthened its core competencies and formed some major Joint Ventures, bidding for projects in a number of diverse government sectors and is now fast becoming a formidable competitor in the field of construction.

In addition of the successful completion of our construction project of piers, berths and wharves in the Naval Base at Jubail, we are also involved with prominent projects in King Abdulaziz International Airport in Jeddah. Current projects include construction of buildings for the Ministry of Higher Education at Hail and will soon start with other huge projects around the Kingdom of Saudi Arabia.

Safari is the first company to develop entire water and sewage treatment plants and is now integral to the supply and installation of pipelines in the development of cities and villages in Saudi Arabia.

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Safari oil & gas.

safari construction saudi arabia

Established in 2007,  Safari Oil & Gas  (SOG) is a subsidiary of Safari Group, one of Saudi Arabia’s leading companies in facility management, construction, trading and investment.

SOG strives to maintain its alignment, services and vision with the Kingdom of Saudi Arabia’s (KSA) 2030 vision and to maintain its platinum classification for local content. SOG is a diversified supplier of products and services to the energy, water, and petrochemical industries in the KSA. Our services provide clients with fast, cost-effective, reliable solutions.

SOG is an exclusive distributor of Clock Spring Company products in the KSA. We specialize in anticorrosion solutions using innovative, nonmetallic, Clock Spring composite products proven to support mechanical reinforcement and corroded pipelines via a technology that encapsulates structures experiencing corrosion and degradation.

For further information about SOG’s products and services, please visit our website, www.safarioilgas.com , or our expert sales team representatives  Majid Al-Rehaimi  or  Abdullah Tahlawi .

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Saudi Arabia Spent $500B to Build a Futuristic City in the Desert, Now Reality Is Setting In

Posted: April 26, 2024 | Last updated: April 26, 2024

<p>Saudi Arabia's plan to spend over $500 billion on a futuristic, eco-friendly city in the desert may not turn out quite like it was once envisioned.   </p> <p>The reality of such an extensive financial project has begun to cause concern among investors as work slows down and the Saudi Government is yet to announce Neom’s 2024 budget. </p>

Saudi Arabia's plan to spend over $500 billion on a futuristic, eco-friendly city in the desert may not turn out quite like it was once envisioned.  

The reality of such an extensive financial project has begun to cause concern among investors as work slows down and the Saudi Government is yet to announce Neom’s 2024 budget.

<p>At the core of the Neom, an extensive development project launched by Crown Prince Bin Salman, is a futuristic city once predicted to run over 105 miles long known as The Line. </p> <p>However, the plans for the desert metropolis appear to have been scaled back, with rumors suggesting the city will only stretch for a mile and a half by 2030. </p>

The Futuristic City Shrinks in Size

At the core of the Neom, an extensive development project launched by Crown Prince Bin Salman, is a futuristic city once predicted to run over 105 miles long known as The Line.  

However, the plans for the desert metropolis appear to have been scaled back, with rumors suggesting the city will only stretch for a mile and a half by 2030.    

<p>Prince Mohammed, the son of the King of Saudi Arabia, Salman, is the face of Neom and the wider Vision 2030 project, which aims to restructure the country to ensure everyone has the opportunity to succeed.  </p> <p>The prince has claimed he wants to revolutionize the Saudi nation and reduce its dependency on oil. </p>

Scaling Down on Prince Mohammed’s Project

Prince Mohammed, the son of the King of Saudi Arabia, Salman, is the face of Neom and the wider Vision 2030 project, which aims to restructure the country to ensure everyone has the opportunity to succeed.  

The prince has claimed he wants to revolutionize the Saudi nation and reduce its dependency on oil. 

<p>Alongside the megacity, Neom’s other projects include an extensive industrial city, large ports, and tourism developments.   </p> <p>The region is even set to host the 2029 Asian Winter Games at Torjena, a luxurious mountain resort. </p>

Neom’s Plans For the Future

Alongside the megacity, Neom’s other projects include an extensive industrial city, large ports, and tourism developments. 

The region is even set to host the 2029 Asian Winter Games at Torjena, a luxurious mountain resort. 

<p>Originally, Saudi Arabia pledged to commit at least 500 billion to Crown Prince Mohammed bin Salman's Vision 2030 project.     </p> <p>Further investment coming from local and overseas investors brought the project budget to around $1.5 trillion.   </p>

$1.5 Trillion Project

Originally, Saudi Arabia pledged to commit at least 500 billion to Crown Prince Mohammed bin Salman's Vision 2030 project.  

Further investment coming from local and overseas investors brought the project budget to around $1.5 trillion. 

<p>Work on the construction of the megacity began back in 2017. </p> <p>However, reports suggest that excessive spending of the nation's money on The Line has been deemed controversial by high-ranking members of the Saudi government, per <a href="https://www.bloomberg.com/news/articles/2024-04-05/saudis-scale-back-ambition-for-1-5-trillion-desert-project-neom">Bloomberg</a>.    </p>

Work Began in the Desert Back in 2017

Work on the construction of the megacity began back in 2017.   

However, reports suggest that excessive spending of the nation's money on The Line has been deemed controversial by high-ranking members of the Saudi government, per Bloomberg .

<p>Initial projections suggested that over 1.5 million people would already live in the futuristic city by 2030.   </p> <p>However, due to recent financial problems, officials have projected that the city could house as few as 300,00 people.  </p>

Saudi Government Forced to Lower Estimations

Initial projections suggested that over 1.5 million people would already live in the futuristic city by 2030.

However, due to recent financial problems, officials have projected that the city could house as few as 300,00 people.

<p>One of the major problems surrounding the project is the kingdom's sovereign wealth fund has yet to approve Neom’s 2024 budget.     </p> <p>According to the experts, the reality of spending trillions of dollars has begun to cause concern within the Saudi government.     </p>

Saudi Government Yet to Announce 2024 Funding

One of the major problems surrounding the project is the kingdom's sovereign wealth fund has yet to approve Neom’s 2024 budget.   

According to the experts, the reality of spending trillions of dollars has begun to cause concern within the Saudi government.

<p>According to <a href="https://www.bloomberg.com/news/articles/2024-04-05/saudis-scale-back-ambition-for-1-5-trillion-desert-project-neom">Bloomberg</a>, as a result of the pullback, at least one company has begun dismissing its workers from the site.   </p> <p>This appears to have happened after officials claimed that some of Neom’s other projects would be delayed well beyond 2030.   </p>

Companies Begin Pulling Workers From the Site

According to Bloomberg , as a result of the pullback, at least one company has begun dismissing its workers from the site.  

This appears to have happened after officials claimed that some of Neom’s other projects would be delayed well beyond 2030.   

<p>Speaking in December, Finance Minister Mohammed Al Jadaan said more time is needed to “build factories, build even sufficient human resources.”   </p> <p>He <a href="https://www.bloomberg.com/news/articles/2024-04-05/saudis-scale-back-ambition-for-1-5-trillion-desert-project-neom">continued</a>, “The delay or rather the extension of some projects will serve the economy.”    </p>

More Time is Needed to Build

Speaking in December, Finance Minister Mohammed Al Jadaan said more time is needed to “build factories, build even sufficient human resources.”

He continued , “The delay or rather the extension of some projects will serve the economy.”   

<p>It's not just finances that have dampened the megacity; in recent years, several ethical issues have made headlines on numerous occasions. </p> <p>From Prince Mohammed's alleged involvement in the killing of Washington Post journalist <a href="https://www.theguardian.com/world/2024/apr/10/the-line-saudi-arabia-scaling-back-plans-105-mile-long-desert-megacity-crown-prince">Jamal Khashogg</a>i to rumors that Saudi officials killed several members of a tribe who refused to leave their ancestral lands, the entirety of the Neom project has been tainted long before it's even finished. </p>

Further Problems Surrounding the Project

It's not just finances that have dampened the megacity; in recent years, several ethical issues have made headlines on numerous occasions.    

From Prince Mohammed's alleged involvement in the killing of Washington Post journalist Jamal Khashogg i to rumors that Saudi officials killed several members of a tribe who refused to leave their ancestral lands, the entirety of the Neom project has been tainted long before it's even finished.  

<p>In 2021, US journalist Robert Worth shared his thoughts on a video released by Neom which described the prospects of its futuristic city.   </p> <p>“To watch the crown prince’s promotional video is to be immersed in a distinctively Saudi form of arrogance, blending religious triumphalism and royal grandiosity.”  </p>

US Journalist Shares Thoughts on Saudi City

In 2021, US journalist Robert Worth shared his thoughts on a video released by Neom which described the prospects of its futuristic city. 

“To watch the crown prince’s promotional video is to be immersed in a distinctively Saudi form of arrogance, blending religious triumphalism and royal grandiosity.”  

<p>However, since the Blackcat hackers have yet to attack the US government and are specifically holding platforms like that of UnitedHealth Group, Reddit, and MGM Resorts for ransom, others argue that they aren’t foreign nationals. </p> <p>Instead, their only motivation might just be the money. Cybersecurity analyst <a href="https://www.reuters.com/technology/cybersecurity/cyber-security-outage-change-healthcare-continues-sixth-straight-day-2024-02-26/">Brett Callow </a>told the press, “As far as I am aware, they are financially motivated cybercriminals and nothing more.”    </p>

Financial Strains and Adjustments

As Neom's grand vision confronts reality, the financial strains are becoming increasingly apparent. With the Saudi sovereign wealth fund still undecided on Neom’s 2024 budget, the project's financial sustainability is in question. 

The ambitious scope of the city, initially set at $500 billion now faces potential cutbacks, delaying some of the most innovative features planned for the urban development (via the WSJ ).   

<p>It has become increasingly clear the more terrifying aspect to robots is that they can and will <a href="https://www.linkedin.com/pulse/robots-ai-taking-over-jobs-what-know-future#:~:text=There%20are%20two%20sides%20to,million%20new%20jobs%20by%202025.">take the jobs</a> of millions of people, leaving a large percentage of the population without income.      </p> <p>From packaging to cleaning, writing, editing, coding, serving food, driving a car or even a plane, there may be nothing a human can do better than a robot.   </p>

Technological Hurdles in Desert Construction

Implementing cutting-edge technology like cloud seeding and robotic services in Neom poses unique challenges.  

The harsh desert environment tests the limits of current technology, with sand and heat complicating maintenance and operation. These hurdles must be overcome to realize the high-tech oasis Saudi officials have envisioned. 

<p>The situation in southern Louisiana serves as a call to action for sustainable industrial practices. It reiterates the need for companies to adopt water-efficient technologies and for governments to implement policies that protect natural resources.  </p> <p>The path to sustainability is complex but necessary for ensuring that economic development does not come at the expense of environmental integrity and community health.   </p>

Environmental Concerns in Desert Development

Building a futuristic city in the desert raises significant environmental concerns. The construction of Neom disrupts local ecosystems, and the sustainability of such a large-scale development is under scrutiny. 

Efforts to minimize ecological impact are critical to the project's acceptance and success.   

<p>Cayetano Gallegos, who had dedicated over two decades to JBS Pipeline, expressed his shock at not receiving his earned compensation. </p> <p>He <a href="https://www.cbsnews.com/colorado/news/employees-not-paid-work-commerce-city-pipeline-contracting-business-files-bankruptcy/">said</a>, "I tell you from there my reaction was, I was feeling like I was in another world."   </p>

Delays in Core Infrastructure

Neom’s infrastructure, crucial for its development, is lagging. The delay in establishing essential utilities and transport links hampers the project's progress, pushing back the timeline for becoming a fully operational city.    

These delays could have ripple effects on investment and confidence in the project’s completion.

<p>Representative Mark Takano made comments throwing his support behind the push for a 32-hour workweek.     </p> <p>“As the lead sponsor of the Thirty-Two Hour Workweek Act in the House of Representatives and a Senior Member of the House Committee on Education and the Workforce, I am thrilled Senator Sanders is leading the Senate companion to this transformative legislation that will be a win for both workers and workplaces,” Takano <a href="https://www.sanders.senate.gov/press-releases/news-sanders-introduces-legislation-to-enact-a-32-hour-workweek-with-no-loss-in-pay/">said</a>.    </p>

Labor Dynamics and Employment Shifts

The scaling back of Neom has led to fluctuations in employment, affecting both local and international workers (via FirstPost ).    

Reports indicate changes in labor needs, with some companies reducing their workforce. This impacts not only the project's timeline but also the livelihood of thousands involved in construction.  

<p>By <a href="https://www.latimes.com/homeless-housing/story/2024-01-18/beverly-hills-affordable-housing-permit-moratorium">stopping</a> the issuance of permits for current homeowners, the ruling disrupts many residents' plans for upgrading their homes.    </p> <p>New residents, however, are not subject to this ban and can still obtain building permits. The disparity in treatment has raised eyebrows and highlighted the urgency of the city's compliance with state housing regulations. </p>

Impact on Local Economies

Neom’s construction impacts surrounding communities economically and socially. While some local businesses benefit from the influx of workers, others suffer from the changes brought by such a massive project.   

Balancing economic benefits with community welfare is a significant challenge for the Saudi government.

<p>As Powell continued, he said that immigrants tend to work harder in some cases than non-immigrants.      </p> <p>"Immigrants come in and they tend to work at a rate that is at or above that for non-immigrants. Immigrants who come to the country tend to be in the workforce at a slightly higher level than Americans do," Powell said.   </p>

Attracting Global Talent to Neom

Neom aims to be a hub for innovation, requiring a skilled global workforce. However, attracting this talent is challenged by logistical, cultural, and professional hurdles.    

Ensuring competitive benefits and a high quality of life is essential for drawing the expertise needed to fulfill Neom’s tech-driven aspirations.    

<p>Integrating a futuristic city like Neom into Saudi Arabia's conservative cultural landscape presents its own unique set of challenges.    </p> <p>The project's progressive features may clash with traditional values, necessitating sensitive handling to foster social acceptance and integration. </p>

Cultural Integration and Social Dynamics

Integrating a futuristic city like Neom into Saudi Arabia's conservative cultural landscape presents its own unique set of challenges.    

The project's progressive features may clash with traditional values, necessitating sensitive handling to foster social acceptance and integration.

<p>The lawsuit highlights the ongoing struggle to <a href="https://www.foxbusiness.com/technology/illinois-woman-hits-target-class-action-lawsuit-collecting-biometric-data-without-consent">balance</a> technological advancements with the necessity for strong privacy protections.   </p> <p>The results could profoundly influence consumer rights and corporate obligations, potentially reshaping how businesses operate across various industries.  </p>

Surveillance and Security Measures

The high-tech infrastructure of Neom includes extensive surveillance capabilities, raising privacy concerns (via The New York Post ). 

While intended to enhance security, the potential for surveillance to be used for authoritarian purposes has alarmed human rights observers, echoing broader concerns about privacy in the digital age.  

<p>After stealing the diary, family photos, and other private documents, Harris contacted Kurlander to help sell the items.    </p> <p>After contacting a conservative activist group, <a href="https://www.pbs.org/newshour/tag/project-veritas">Project Veritas</a>, Harris and Kurlander were both paid $20,000 in exchange for the items. Harris admitted that she wanted to sell the items in order to harm <a href="https://www.savvydime.com/new-poll-finds-biden-on-path-to-overtake-trump-in-critical-swing-states/">Joe Biden’s 2020 presidential campaign</a>. </p>

Foreign Investment and International Relations

Neom's success heavily relies on foreign investment and international cooperation.  

The project's ability to attract global capital is important but faces scrutiny due to geopolitical tensions and internal challenges within Saudi Arabia, including human rights issues (via The New Arab ). 

<p>A spokesperson for the brand shared a statement with <a href="https://www.usatoday.com/story/money/2024/02/20/stanley-cup-lead-lawsuits/72672442007/">USA Today</a>, saying the company will fight the allegations.     </p> <p>They plan to defend “against meritless claims. As we have shared, there is no lead present on the surface of any Stanley product that comes into contact with the consumer nor the contents of the product,” they said.    </p>

Media Influence and Public Perception

Neom’s portrayal in the media significantly affects public perception. Positive coverage can attract investment and residents, while negative reports may deter both.   

Managing this aspect is crucial for maintaining momentum and ensuring the project's image aligns with its ambitious goals.   

<p>The city had considered converting commercial properties into residential developments to meet housing targets.    </p> <p>However, Judge Kin and state officials have cast <a href="https://www.latimes.com/homeless-housing/story/2024-01-18/beverly-hills-affordable-housing-permit-moratorium">doubt</a> on the feasibility of this approach, questioning whether such transformations would materialize as planned.    </p>

Revising Goals for the Future

Given the array of challenges, Neom’s initial goals are being reevaluated. Updated projections consider current realities, focusing on achievable targets.   

This recalibration could help maintain stakeholder trust and ensure the project’s long-term viability in the evolving landscape of global city development.     

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Saudi Arabia’s 105-mile long Line city has been cut a little short – by 103.5 miles

Rowan Moore

It was billed as a futuristic, glass-walled city, but was only ever realised in the digital sphere – where it should remain

T he second least surprising piece of recent news – the first being that yet more Tory MPs are reportedly embroiled in bizarre sexual and financial scandals – is that the Line, Crown Prince Mohammed bin Salman’s 105-mile-long (170km) vanity project in Saudi Arabia, is being scaled back . In an act of what is known in the construction industry as value engineering, it will now be only one and a half miles long, a reduction of 98.6%.

This makes Prince Mohammed, or MBS as he is known, the Nigel Tufnel of petro-despots – the guitarist in This is Spinal Tap who accidentally ordered an 18-inch Stonehenge as a stage prop, when he meant to get one 18-feet high.

Other questions arise: where, for example, does this leave the many western architects who somehow thought that working on this politically and environmentally terrifying project would be a good expression of their allegedly avant-garde and radical design philosophies?

But perhaps there is hope. This “revolution in urban living”, which looked like a compilation of gamers’ fever dreams, was conceived, promoted and debated almost entirely in the digital sphere, where it became world famous.

In the future, maybe, megalomaniac ego trips could exist entirely in this way, without troubling the Earth with their weight, or the atmosphere with their emissions.

Epic efforts

Patients waiting for their appointments.

An elderly relative with dementia needed a ride to her hospital appointment, to which, according to the NHS , she was entitled. Social services told her daughter to phone the hospital’s patient transfer service, who said to call her GP’s surgery, who said to call the patient transport service.

A different person answered the phone and said yes, they could make the booking but needed the patient’s NHS number which the daughter didn’t have.

She got the number, rang the transfer service back and spoke to a third person, who said that they couldn’t in fact arrange the ride and that she had to phone the GP, whose receptionist, by then ill-tempered, said she would try but wasn’t sure how far she’d get, and then rang back to say that the elderly patient with dementia would have to be ready to leave from 8am for an appointment at 10.15am, in a hospital only 15 minutes away – and she couldn’t be accompanied by her husband.

As the wait and uncertainty would very likely be too much for her to handle alone, the daughter asked her brother to drive their mother which, after rearranging his work, he was able to do. Other patients might not be so lucky.

It would be comforting to say that this epic of insensitivity and wasted effort is hard to beat, except that, as everyone knows, things like this happen all the time.

Leeson O’Keeffe’ Psycho-Ceilidh music brought the house down in venues all over the world.

I’d like to pay tribute to Leeson O’Keeffe , who died last week of pancreatic cancer, a musician I was lucky enough to know. He performed with Shane MacGowan and succeeded him as frontman of The Popes. His psycho-ceilidh music brought the house down in venues worldwide.

Five weeks ago, having recently suffered a stroke, and against doctor’s orders, he rose from his hospital bed to sing Dirty Old Town in front of the St Patrick’s Day crowds in Trafalgar Square. During Covid, he repurposed his van, used for shifting equipment for his band Neck, to deliver meals and shopping to lonely Irish elderly people in London, his trips taking twice as long as they might have done because, as he put it: “I couldn’t not talk to them.” It may not have been very rock’n’roll but he was quietly heroic.

Rowan Moore is the Observer’s architecture critic

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Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back

By natasha turak,cnbc • published april 29, 2024 • updated on april 29, 2024 at 10:22 am.

  • In early April, reports emerged that The Line project, a planned glass-walled city meant to stretch for 105 miles across the Saudi desert by 2030, would be a length of just 1.5 miles by that time — a reduction of 98.6%.
  • "For NEOM, the projects, the intended scale is continuing as planned. There is no change in scale," Saudi Economy Minister Faisal Al Ibrahim told CNBC in Riyadh.

Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans.

"All projects are moving full steam ahead," Faisal Al Ibrahim told CNBC's Dan Murphy on Monday at the World Economic Forum's special meeting in Riyadh.

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"We set out to do something unprecedented and we're doing something unprecedented, and we will deliver something that's unprecedented."

In early April, reports emerged in Western media outlets that The Line project, a planned glass-walled city meant to stretch for 105 miles across the desert by 2030, would be a length of just 1.5 miles by that time — a reduction of 98.6%. Citing anonymous sources with knowledge of the matter, the initial report by Bloomberg said that the Saudi government's original plan to have 1.5 million people living in The Line by 2030 was slashed to 300,000.

The purported scaling back of plans, at least in the medium-term, comes amid reported concerns over finances for NEOM, which is part of the kingdom's broader Vision 2030 initiative to diversify its economy away from oil. Saudi Arabia's sovereign wealth fund, the Public Investment Fund, has not yet approved NEOM's budget for 2024, according to Bloomberg's report.

safari construction saudi arabia

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Al Ibrahim stressed that the projects would be delivered according to plan, but with the qualification that decisions were being made for "optimal economic impact."

"We see feedback from the market, we see more interest from the investors and we'll always prioritize to where we can optimize for optimal economic impact," he said.

"Today the economy in the kingdom is growing faster, but we don't want to overheat it. We don't want to deliver these projects at the cost of importing too much against our own interest. We will continue delivering these projects in a manner that meets these priorities, delivers these projects and has the optimal healthy impact for our economy and the ... healthy non-oil growth within it."

Still, the minister emphasized that "for NEOM, the projects, the intended scale is continuing as planned. There is no change in scale."

"It is a long-term project that's modular in design," he said. "The rest of the mega projects are there to be delivered for specific impact in specific sectors."

Asked what kind of a message the reported timeline and scale changes would send to private investors, Al Ibrahim said that decisions would be made to suit the needs and returns of the projects, and that all the developments within NEOM are seeing growing investor interest.

"Keep in mind that these sectors didn't exist in the past. They're being built from scratch. They require some investment and going all in from the government and the sovereign wealth fund," he said.

"And we're seeing increased investor interest on all of these projects. These projects will be delivered to their scale and in a manner that in terms of priorities suits the needs of the projects, the returns of these projects, and the economic impact. It's like minimizing any leakage, minimizing any overheating risks as well."

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  • Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

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Gulf Business

Meituan in Saudi Arabia: Chinese food delivery platform looks at expansion

safari construction saudi arabia

Meituan is hiring under KeeTa, the brand name it uses for food delivery operations in Hong Kong

Reuters

Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign it may be looking to  Saudi  Arabia to further its global expansion ambitions.

The jobs ads, which is hiring for KeeTa, the brand name Meituan uses for its food delivery operations in Hong Kong, is seeking candidates with expertise in business development, user acquisition, and customer retention, according to posts seen by Reuters on Linkedin and on Middle Eastern jobs site Bayt.com.

Meituan did not immediately respond to a request for comment on its plans for  Saudi  Arabian expansion.

Bloomberg reported earlier on Friday that the Beijing-based firm would make its Middle East debut with Riyadh as the first stop.

Meituan’s footprint

Since expanding to Hong Kong in May 2023, Meituan’s first foray outside of mainland China, speculation has persisted that its overseas march would continue as the firm searches for growth opportunities, with the Middle East rumoured since last year to be one area of possible expansion.

“We are actively evaluating opportunities in other markets,” Meituan’s chief executive Wang Xing said during a post-earnings call with analysts last month.

“We have the tech know-how and operational know-how, so we are quietly confident we can enter a new market and find an approach that works for consumers there.”

Earlier this year, Meituan’s KeeTa became the number 2 platform in Hong Kong.

Read: What food startups should focus on to succeed in the GCC: Key insights

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  23. Saudi Arabia says all NEOM megaprojects will go ahead as planned

    Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans.

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    Major Schengen visa update for Bahrain, Oman, Saudi Arabia and India. UAE . How UAE's recent floods will impact construction projects. Latest Issue. Subscribe to our newsletter.