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Exclusive-Saudi Arabia prioritizes sports for NEOM plans
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.
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,
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.
Hosted on MSN
1d
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 ...
Financial News
7h
Neom leadership shifts amidst controversies and challenges
Neom's CEO exits amid misconduct allegations, raising concerns over project's future amidst leadership changes and financial ...
1d
on MSN
Neom CEO Nadhmi Al-Nasr Departs As Futuristic Megacity Project Resets
Saudi Arabia’s futuristic city project Neom has announced the departure of long-time CEO Nadhmi Al-Nasr in an abrupt ...
Gulf Times
1h
Saudi Arabia seen to prioritise sports for NEOM plans as costs balloon
Saudi Arabia has scaled back lofty ambitions for its
NEOM
gigaproject to prioritise completing elements essential to ...
Business Standard
2h
Saudi Arabia scales back on NEOM plans to prioritise sports as costs rise
Saudi Arabia has scaled back lofty ambitions for its
NEOM
gigaproject to prioritize completing elements essential to ...
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’s ...
Business Insider
1d
The Line — a key part of Saudi Arabia's Neom project — is a visionary but flawed concept, urban planners say
The parallel skyscrapers planned to stretch for just over 100 miles and accommodate millions of people. The project is one ...
Hoteliermiddleeast.com
15h
Aiman Al Mudaifer takes charge as NEOM’s Acting CEO
The leadership change comes as Neom moves closer to its Vision 2030 goals, prioritising sustainability, smart infrastructure ...
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Saudi Arabia
Nadhmi Al-Nasr
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