Saudi Arabia, Neom

Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Neom's board of directors announced on Tuesday the appointment of Aiman Al-Mudaifer as acting CEO of the company following the unexpected departure of Nadhmi Al-Nasr, who was put in charge of the project in 2018.
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
DUBAI/RIYADH (Reuters) -Nadhmi al-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 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 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 Of Futuristic Mega-city NEOM
Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM as scepticism mounts over the Gulf kingdom's most ambitious development projects.
Neom, Saudi Arabia’s Futuristic City, Suddenly Loses Its CEO
Pitched as a mix of ‘Blade Runner’ and ‘Jurassic Park,’ Neom is the world’s biggest construction project. Twenty-one thousand people have died so far to make it happen.
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.
Saudi Arabian Desert's First Ever Snowfall Shown in Photos
Temperatures in the Al-Nafūd desert can climb as high as 55 degrees Celsius during the summer, making this drastic change a ...
Italy's SACE to give $3 billion loan guarantee for Saudi NEOM project, source says
Italy's state export credit agency SACE will provide loan guarantees worth 3 billion dollars for Saudi Arabia's NEOM real ...
Saudi Fund to Sell Stake Worth About $1 Billion in Telecom Firm
Saudi Arabia’s sovereign wealth fund is selling part of its stake in the kingdom’s main mobile-phone operator as it tries to ...
Saudi Megaproject Announces Update Amid Worker Safety Questions
Newsweek contacted the Saudi Arabian Public Investment Fund, which manages the Vision 2030 projects, for comment via email.
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Saudi Arabia accused of 'sportswashing' over aggressive push into international sports
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Iran and Trump Are Front of Mind at Saudi Summit
Leaders from across the Arab and Muslim world were in Riyadh for a meeting officially convened to discuss the fighting in ...
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Struggling Australia and Saudi Arabia play a crucial Asian World Cup qualifier
Australia and Saudi Arabia play a crucial World Cup qualifier in Melbourne on Thursday while Japan and South Korea can take a ...
'We have to be rational,' Saudi Arabia's climate envoy says at COP29
Jubeir, Saudi Arabia's climate envoy and minister of state for foreign affairs, says the kingdom is "way ahead of the world ...