What Saudi Arabia's Floating City Means to Global Economies

Welcome to Saudi Arabia’s revolutionary project, Neom’s Oxagon, poised to transform the industrial and shipping sectors on a global scale. Spanning an impressive 19 square miles (50 square kilometres), Oxagon combines a land-based area with a unique floating structure, forming a striking octagon shape.

This visionary development is central to Neom’s ambitious plans, backed by global investors and the country’s oil reserves. Yet, Neom aims to build a global economy independent of its oil wealth, showcasing its commitment to sustainability and innovation.

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