NEOM Forms its Global Advisory Board

Visitors watch a 3D presentation during an exhibition on NEOM in Riyadh. (Reuters)
Visitors watch a 3D presentation during an exhibition on NEOM in Riyadh. (Reuters)
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NEOM Forms its Global Advisory Board

Visitors watch a 3D presentation during an exhibition on NEOM in Riyadh. (Reuters)
Visitors watch a 3D presentation during an exhibition on NEOM in Riyadh. (Reuters)

NEOM, the destination for the future of living being developed in the Northwest of Saudi Arabia, announced on Tuesday its global Advisory Board. The Board brings together experts in key sectors to provide industry insight, advise on key milestones and forge strategic connections for NEOM.

Nadhmi Al-Nasr, CEO of NEOM, said: “We welcome the global and diverse expertise of the Advisory Board and are confident that each of them will make huge contributions to the development of NEOM. The Advisory Board will help shape NEOM’s future through its detailed knowledge and connections with potential long-term strategic partners.”

The members of the Advisory Board come from backgrounds in urban planning, architecture, design, technology, sustainability, energy and manufacturing. Those members have previously been engaged with NEOM in a meeting held in New York, USA in August 2018 to review NEOM’s strategy and discuss updates on the project.

Each of the Advisory Board members has been carefully chosen for their expertise and has demonstrated relevant experience, a global business background, familiarity with large-scale projects, senior board-level roles, international influence and enthusiasm for the aims of NEOM.

The members of the Advisory Board are:

- Sam Altman, President of YC Group and Co-Chairman of Open AI. Altman is an American entrepreneur, investor, programmer and blogger. He was named the top investor under 30 by Forbes in 2015 and one of the "Best Young Entrepreneurs in Technology" by Businessweek in 2008. Altman is also the Chairman of two energy companies, Helion and Oklo.

- Marc Andreessen, Co-Founder and General Partner of Andreessen Horowitz. Andreessen is a pioneer in the tech world. He founded software companies like Opsware, Mosaic, Netscape and Ning. Andreessen sits on the board of directors of Facebook, eBay and Hewlett Packard Enterprise among others. Andreessen was one of six inductees in the World Wide Web Hall of Fame announced at the First International Conference on the World-Wide Web in 1994.

- Tim Brown, CEO and President of IDEO. IDEO focuses on the value of design thinking to business people and designers. Brown discusses this around the world, including at the World Economic Forum in Davos and through TED Talks. He is an industrial designer by training and has earned numerous design awards, as well as advising senior business leaders.

- Timothy Collins, Founder and CEO of Ripplewood Advisors, L.L.C. Collins founded investment firm Ripplewood in 1995, with previous experience at Onex Corporation, Lazard Freres & Company, Booz Allen Hamilton and Cummins Engine Company. He has served on a number of corporate boards and is currently Chairman of the Yale SOM Advisory Board.

- Alexandra Cousteau, Senior Advisor to Oceana. Cousteau is an expert in environmental issues and is currently a National Geographic Emerging Explorer, filmmaker and global oceans expert.

- Dan Doctoroff, Founder and CEO of Sidewalk Labs. Before taking over Sidewalk Labs, Doctoroff was President and CEO of Bloomberg L.P., with previous roles including Deputy Mayor for Economic Development and Rebuilding in New York and Managing Partner of Oak Hill Capital Partners. He serves on the boards of the University of Chicago, World Resources Institute, the US Olympic Committee, Bloomberg Philanthropies and Human Rights First. He also helped found several charitable organizations.

- Lord Norman Foster, Founder and Executive Chairman of Foster + Partners. Foster + Partners is a global studio for architecture, urbanism and design. Notable projects include Reichstag in Berlin, the Great Court of British Museum, Boston Museum of Fine Arts, Headquarters of Apple, Bloomberg and Comcast and airports in Hong Kong and Beijing. He is also the President of the Norman Foster Foundation.

- Jean Fréchet, Distinguished Professor of Chemistry. Fréchet is a Professor emeritus at the University of California, Berkeley and Vice President for Research at the King Abdullah University of Science and Technology (KAUST), Saudi Arabia. He is a leader in developing strategies and managing resources to support interdisciplinary, collaborative research bridging science and engineering. Professor Fréchet is the author of over 800 publications with more than 106,000 citations and 200 patents.

- Travis Kalanick, CEO of City Storage Systems, a holding company focused on redeveloping real estate assets to fuel urban job creation and neighborhood rejuvenation. Kalanick is also Co-Founder and former CEO of Uber. During his seven years leading Uber, the company grew to operate in more than 70 countries, employed over 15,000 people and provided 3 million drivers with flexible work opportunities to complete over 5 billion rider trips. Prior to Uber, he founded Red Swoosh, a networking software company.

- Neelie Kroes, Former Vice President of the European Commission. Neelie is a former EU Commissioner, the first term as EU Commissioner for Competition Policy and the second term as Commissioner in charge of the Digital Agenda for Europe. In the last term, she was also Vice President of the European Commission. Before that, Neelie Kroes was Minister for Transport, Public Works and Telecommunication in the Netherlands. Currently, she serves on various international company boards.

- Andrew Liveris, Former Chairman and CEO of Dow Chemical and Executive Chairman of DowDuPont. Liveris ran Dow, a producer and marketer of chemical, materials, plastics and specialty chemicals for over 14 years and was responsible for transforming Dow and DuPont into the largest chemical company in the world. He has advised two US presidents, written a seminal book on the criticality of manufacturing to economic development and is on the boards of Saudi Aramco, WorleyParsons and IBM, and an advisor to the Public Investment Fund of Saudi Arabia.

- Ernest J. Moniz, President and CEO of the Energy Futures Initiative. Moniz served as the 13th United States Secretary of Energy from 2013 to January 2017. He is the Cecil and Ida Green Professor of Physics and Engineering Systems emeritus and Special Advisor to the MIT President. Dr. Moniz is CEO of the Nuclear Threat Initiative and of the Energy Futures Initiative and the inaugural Distinguished Fellow of the Emerson Collective.

- Marc Raibert, Founder and CEO of Boston Dynamics. Raibert leads the development of some of the world's most advanced robots. Before founding Boston Dynamics in 1992, he was a professor at MIT and Carnegie Mellon University, and is a member of the US National Academy of Engineering.

- Carlo Ratti, Professor of Urban Technologies and Planning Director at MIT’s Senseable City Lab. Ratti is an architect and engineer by training and currently teaches at MIT. He has co-authored over 500 publications and patents.

- John Rossant, Founder and Chairman at the NewCities Foundation. Rossant founded the NewCities Foundation in 2010 with an aim to shape the future of urban projects. He was previously responsible for the production of global forums, such as the e-G8 in Paris and the World Economic Forum in Davos and is also the CEO and Chief Curator of LA CoMotion, the annual conference and event on future mobility. He is a board member of the Fondation Tocqueville in Paris and Humanity in Action in New York.

- Masayoshi Son, Chairman and CEO of SoftBank Group Corp. Son founded SoftBank, a global technology company that aspires to drive the Information Revolution in 1981 and has expanded its business to cover a range of technologies, including telecommunications, AI, smart robotics, IoT and clean energy. In 2017, SoftBank announced the first major close of the SoftBank Vision Fund to support the transformational companies at the forefront of the Information Revolution.

- Rob Speyer, President and CEO of Tishman Speyer. Speyer has grown Tishman Speyer into a leading global real estate company with $50 billion in assets. He is the Chairman of the Advisory Board of the Mayor’s Fund to Advance New York City, and in 2013 became the youngest-ever Chairman of the Real Estate Board of New York. He currently serves on the advisory council of EXOR as well as several charitable ventures.

- Peter R. Voser, Chairman of ABB Group. Before taking up his position as Chairman of the Board of technology giant ABB, Voser served as CEO at Shell, amongst other positions with the company. He currently serves as a board member at Roche, IBM and Temasek, as well as several non-profit organizations.

Additional members of the Advisory Board will be announced as they are appointed.

NEOM’s emphasis on sustainability and innovation makes it a core pillar of Vision 2030, Saudi Arabia’s ambitious blueprint to diversify its economy and enable wider societal transformation. NEOM forms part of the Saudi Giga-Projects Investment Pool for the Public Investment Fund (PIF) of Saudi Arabia. The giga-projects are integrated economic ecosystems that will support the economic transformation of the Kingdom and act as a catalyst for investment across various sectors, and in addition to NEOM include The Red Sea Project, and Qiddiya.



Wright to Asharq Al-Awsat: Diversification, Investment Can Go Hand in Hand

US Energy Secretary during the press conference at the Saudi Energy Ministry (Reuters)
US Energy Secretary during the press conference at the Saudi Energy Ministry (Reuters)
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Wright to Asharq Al-Awsat: Diversification, Investment Can Go Hand in Hand

US Energy Secretary during the press conference at the Saudi Energy Ministry (Reuters)
US Energy Secretary during the press conference at the Saudi Energy Ministry (Reuters)

Amid growing global economic uncertainty driven by trade tariffs and their impact on oil prices, US Energy Secretary Chris Wright visited the Middle East this week, delivering a pointed message: energy abundance is essential for economic growth.
Wright stressed the importance of increasing supply to meet rising global demand, and urged Washington’s allies in the region to play a stronger role in stabilizing energy markets by boosting output.
Wright’s four-day visit to Saudi Arabia followed earlier stops in the United Arab Emirates and preceded his current visit to Qatar, part of a broader regional tour. His trip comes ahead of a planned visit to Saudi Arabia by US President Donald Trump in May.
During his meetings in the kingdom, particularly with Saudi Energy Minister Prince Abdulaziz bin Salman, Wright discussed prospects for strengthening bilateral cooperation across various segments of the energy sector.
During his visit, Wright announced a forthcoming agreement between the United States and Saudi Arabia covering a wide range of energy-related fields. The deal, expected to be signed at a later date, will focus on the development of energy resources and infrastructure, including mining, civil nuclear technology, and power generation.
Wright’s tour also included stops at King Abdullah University of Science and Technology (KAUST), the headquarters of state oil giant Saudi Aramco in Dhahran, King Fahd University of Petroleum and Minerals, and the King Abdullah Petroleum Studies and Research Center (KAPSARC).
Wright said the United States and Saudi Arabia share a unified vision to deliver more affordable energy at a time when global demand is expected to surge.
Speaking to Asharq Al-Awsat ahead of his stop in Qatar, Wright said Washington welcomes global producers who are working with the US administration to cut costs by increasing energy output, while maintaining market stability and security.
Wright dismissed concerns that Trump’s push to lower oil prices could undermine Gulf countries’ economic diversification strategies or discourage investment.
He said the United States has strong ties with Gulf Cooperation Council (GCC) states and that the message to partners in the Middle East is clear: energy abundance and economic growth are closely linked.
He added that President Trump’s commitment to lowering energy costs for Americans goes hand in hand with expanding investment relations with Gulf allies.
Wright stressed that the US is not asking partners to choose between diversification and investment.
Instead, the administration promotes energy diversification—calling for more innovation, more projects, and more opportunities for mutually beneficial growth. He said countries in the region are not seen only as energy producers, but as strategic partners in shaping the energy systems of the future.
Wright’s comments come as Gulf states deepen their economic engagement with Washington. Saudi Crown Prince Mohammed bin Salman told President Trump in a recent phone call that Riyadh plans to expand trade and investment ties with the US by as much as $600 billion over the next four years, with potential for further increases if new opportunities arise. The UAE has also pledged around $1.4 trillion in investments over the next decade.
Wright said the US is highly encouraged by recent investment announcements from both the UAE and Saudi Arabia, as well as earlier Qatari commitments made during Trump’s first term, which are now producing results.
He said whether it involves AI infrastructure, liquefied natural gas, or nuclear innovation, the United States remains the most attractive and reliable destination for foreign investment.
He noted that the Trump administration is fostering a regulatory environment that encourages growth and innovation while offering competitive returns. He welcomed the capital, expertise, and long-term vision of US partners in building a secure and prosperous global energy future.
Wright also addressed US efforts to ensure stable global oil supplies amid sanctions on major producers like Iran, Venezuela, and Russia.
He said the scale of growing energy demand is clear when considering both the energy-intensive development of artificial intelligence and the reality that only one billion of the world’s eight billion people currently enjoy access to energy-rich lifestyles.
He said Trump is pursuing an energy expansion agenda focused on improving global living standards.
The US, Wright said, is already playing its part, producing record volumes of oil and natural gas. He urged Middle East allies to help meet rising demand, diversify sources of supply, and continue delivering reliable, affordable energy to global markets.
Wright, accompanied by Saudi Energy Minister Prince Abdulaziz bin Salman, visited Dammam Well No. 1—the first oil well drilled in Saudi Arabia in 1935 by the Arabian American Oil Company, later known as Saudi Aramco.
The site marked the launch of the kingdom’s oil industry and a turning point in its economic transformation.
Reflecting on his visit to Dammam Well No. 1, Wright told Asharq Al-Awsat that Saudi-US energy cooperation began 90 years ago, when the first oil well in Saudi Arabia was drilled by a predecessor to Chevron in partnership with the Saudi government.
He recalled how, after spending large sums and drilling seven dry wells, the company was on the verge of abandoning exploration in the kingdom. But Max Steineke, a bold American geologist, refused to give up—he drilled deeper and struck oil, changing the course of Saudi history, benefiting both nations, and reshaping the path of global economic prosperity.
Wright said the visit reinforced his confidence that the US-Saudi relationship remains vibrant today. Working together, he added, the United States aims to achieve prosperity at home and promote peace across the globe.