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The third day of the Future Investment Initiative (FII) conference on Thursday provided an excellent opportunity to listen to Nadhmi Al-Nasr, the new CEO of Neom. It is planned that this giga city, unveiled by Crown Prince Mohammed bin Salman at the FII conference last year, will run entirely on renewable energy — making it the largest city in the world to do so — to reduce its dependency on crude oil. Though Iceland and Norway claim to be close to achieving entirely renewable electrical grids in some of their cities, they do not compare in scale to Neom.

Arab News

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