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Long-Time CEO of NEOM Goes
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.
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 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.
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.
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.
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 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.
Saudi Arabia replaces CEO overseeing $500bn NEOM mega project
Nasr, the long-time CEO of the Red Sea urban and industrial development nearly the size of Belgium, will be replaced by Aiman Al-Mudaifer
4h
on MSN
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 ...
Hosted on MSN
1d
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 Insider
1d
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 ...
Engineering News-Record
1d
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 ...
Reuters
1d
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 ...
The Straits Times
12h
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 ...
1d
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 ...
Arabian Business
3d
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 ...
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