In March 2023, Iran and Saudi Arabia brokered a deal to re-establish diplomatic relations.
Related storiesThe US and Saudi Arabia are in the final steps of a new agreement on security guarantees and civilian nuclear assistance, Reuters reported last week.
Many of Neom's projects aimed at capturing the luxury tourism market are located along the Red Sea coast.
Set to open next year, Neom's luxury island resort of Sindalah is advertised as an "exclusive gateway to the stunning Red Sea."
Saudi officials are already fighting to combat claims that Neom is facing delays and setbacks.
Persons:
—, it's, Israel, Kristian Coates Ulrichsen, Ulrichsen, Robert Mogielnicki, Mogielnicki, Neom
Organizations:
Saudi, Service, Neom, New York Times, Reuters, Rice, Baker Institute for Public Policy, Gulf States Institute, Bloomberg, Business
Locations:
Saudi, Dubai, Israel, Gaza, Iran, Saudi Arabia, China, Palestinian, Israeli, Red, Jeddah