Saudi Arabia, NEOM

Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to hosting global sporting events over the next decade as rising costs weigh,
Saudi Arabia is trying to build a mega-city in the desert. Now, Neom is dialing back plans for its first stage.
The authoritarian country is spending billions on international athletics, from Formula 1 to combat sports, to boost its bottom line and image.
CEO of Saudi Arabia’s Futuristic City Project Leaves Abruptly
Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns and staff turnover.
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a reason.
Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
Neom, Saudi Arabia's ambitious megacity project, is a key part of the kingdom's Vision 2030 scheme. Its CEO stepped down after six years in the role.
Saudi Arabia Replaces CEO Developing Megacity of Neom
Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as Neom, in the latest sign that the project is struggling to deliver on its ambitions.
Saudi Arabian megacity Neom replaces its CEO
The departure of the longtime CEO marks a major shakeup at Neom, which is a showpiece of Riyadh’s economic ambitions.
Hosted on MSN23h
The Line — a key part of Saudi Arabia's Neom project — is a visionary but flawed concept, urban planners say
Saudi Arabia is constructing a huge mirrored city in the desert called The Line. The parallel skyscrapers planned to ...
Business Insider21h
Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader
A broken vision Saudi Arabia's dreams of the future are facing the realities of the present. The CEO of the Kingdom's ...
Saudi Arabia’s NEOM megaproject boss sacked after ‘threatening to BURY worker in desert’ in latest blow to $1tn scheme
THE highly controversial boss of Saudi Arabia’s pricey NEOM project has been sacked after allegedly threatening to bury a ...
Engineering News-Record1d
NEOM Names Phase One Design Team for Saudi Arabia 'The Line' Megaproject
The team for the first phase of Saudi Arabia’s ambitious city building project, The Line, is coming together as the country ...
Reuters19h
Italy's SACE to give $3 bln loan guarantee for Saudi NEOM project, source says
ROME, Nov 13 (Reuters) - Italy's state export credit agency SACE will provide loan guarantees worth 3 billion dollars for ...
bdnews248m
Saudi Arabia prioritises sports for NEOM plans as costs balloon, sources say
Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to ...
The Straits Times8h
Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
RIYADH/DUBAI - Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements ...
Arabian Business2d
NEOM The Line announces update as Saudi megaproject takes major step closer to Phase 1 completion
DMAA will later support NEOM in maintaining the design vision of Phase One, as neighbourhood architects are appointed. DMAA ...