Majid Mufti - CEO, NEOM Investment Fund

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. The NEOM Investment Fund, launched in October 2023, serves as the investment arm of NEOM, supporting 15 economic sectors, including energy, food, and water, through partnerships and venture capital. The fund is open to both domestic and international investments, with a focus on strategic investments that align with the fund's goals. There is a significant interest in digital technologies, particularly AI, which is seen as transformative. NEOM aims to be a cognitive city, offering services that cater to individual needs and preferences. The project also emphasizes sustainable and efficient construction methods, leveraging new technologies and partnerships to achieve its goals. Connectivity improvements, such as the establishment of an airport with international flights, are enhancing access to NEOM.