Saudi Arabia’s megadevelopment Neom is shelling out senior executives around $1.1 million each per year, in accordance to an inside Neom doc, exhibiting how the kingdom is making use of substantial pay offers to entice global expertise to Crown Prince Mohammed bin Salman’s national transformation approach.
Neom is the most bold project in Saudi Arabia and one of dozens of true-estate developments and new firms set up to drive Prince Mohammed’s social and economic reforms. The kingdom is recruiting international executives to lead new industries—tourism, engineering and entertainment—that have been, right until not long ago, largely nonexistent in the kingdom.
