Home Saudi Arabia Taps China To Salvage Neom Metaverse

Saudi Arabia Taps China To Salvage Neom Metaverse

Share
Share

Saudi Arabia Taps China To Salvage Neom Metaverse

Saudi Arabia’s Neom megacity, a futuristic city with two mirror-encased skyscrapers, has been extended to China to attract investors amid speculation about its scope. The exhibition in Beijing, Shanghai, and Hong Kong provided an immersive experience for attendees, who explored the futuristic city and Oxagon, which is expected to redefine the traditional industrial model.

The exhibition also included a chance to see Neom’s mountain resort, Tojena, and Sindalah, a luxury island in the Red Sea. Environmental group Friends of the Earth chair Plato Yin described The Line as feeling like being caged inside, although it may be very comfortable. Neom’s executive director Tarek Qaddumi explained that the project aims to balance nature conservation, human livability, and economic prosperity. The project includes a 650-meter-long “cantilever” extending into the Gulf of Aqaba and a hidden marina, ongoing construction of tunnels, and an airport expected to welcome 100 million passengers a year.

(With inputs from Shikha Singh)

Share

Latest News

News
NYSE Parent ICE Invests $2B In Polymarket | 3.0 TV (3versetv)

NYSE Parent ICE Invests $2B In Polymarket At $9B Valuation

Intercontinental Exchange, the owner of the New York Stock Exchange, has made a $2 billion investment in the crypto-powered prediction platform Polymarket,...

News
BNY Mellon Trials Blockchain Deposits To Modernize Payment System | 3.0 TV (3versetv)

BNY Mellon Trials Blockchain Deposits To Modernize $2.5T Payment System

Bank of New York Mellon, which oversees $55.8 trillion in assets under custody, is piloting tokenized deposits to overhaul its $2.5 trillion...

News
SEC Targets 2025 Launch For Crypto Innovation Exemption Framework | 3.0 TV (3versetv)

SEC Targets 2025 Launch For Crypto Innovation Exemption Framework

U.S. Securities and Exchange Commission Chair Paul Atkins has unveiled plans to introduce a new “innovation exemption” by late 2025, aiming to...

News
Vietnam To License Only Five Crypto Exchanges | 3.0 TV (3versetv)

Vietnam To License Only Five Crypto Exchanges In Pilot Program Before 2026

Vietnam’s Ministry of Finance has confirmed plans for a limited cryptocurrency-exchange pilot program that will authorize no more than five operators before...

Latest Blogs

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading need to understand the distinction between spot trading and derivatives...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and blockchain technology has attracted scammers who exploit job seekers’ enthusiasm...

How Hackers Use Fake Phones to Steal Your Crypto?

Overview of Fake Phone Crypto Scams Smartphone adoption for financial management has led to sophisticated scams targeting crypto users who remain unaware...

Can AI Bots Steal Your Crypto?

The Rise of AI in Cybercrime: AI Stealing Crypto The advancement of technology in cybercrime has created a paradox because improved technology...

Related Articles

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and...

How Hackers Use Fake Phones to Steal Your Crypto?

Overview of Fake Phone Crypto Scams Smartphone adoption for financial management has...

Can AI Bots Steal Your Crypto?

The Rise of AI in Cybercrime: AI Stealing Crypto The advancement of...