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What stands out is the idea that Neom will operate under its own set of laws, complete with a free trade zone meant to attract foreign investors who often seek tax havens and favorable business conditions. This approach mirrors other successful non-democratic city-states like Dubai and Singapore that thrive by enticing foreign capital through favorable corporate regulations.

The Dream Versus Reality

According to various sources, including historian Quinn Slobodan, the rise of Neom reflects an emerging trend of private cities and economic zones governed more by corporate interests than democratic frameworks. This trend raises questions regarding how sustainable such developments will be and whether Neom will fulfill its ambitious promises.