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Saudi Arabia prioritizes sports for NEOM plans
Exclusive: Saudi Arabia prioritizes 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 hosting global sporting events over the next decade as rising costs weigh, three sources told Reuters a day after the sudden departure of the project's longtime CEO.
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. The region, as envisioned by Saudi Crown ...
Saudi Arabia prioritises sports for Neom project as costs soar
Saudi Arabia has scaled back ambitions for its Neom gigaproject, amid rising costs, in order to prioritise completing elements that are essential to hosting global sporting events, sources have told Reuters following the sudden departure of the project’s long-time CEO.
1d
NEOM green hydrogen project on track
Despite recent setbacks for the megacity, its renewable hydrogen project is seeing higher demand than production capacity.
Hoteliermiddleeast.com
13h
From NEOM to Sheraton Dubai Creek, QWERTY, and more: Biggest hires of the week
Get to know the top movers and shakers across the region this week. From NEOM to Sheraton Dubai Creek, QWERTY, and more: ...
3d
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 ...
Middle East Eye
3d
Neom boss who bragged he ran employees 'like slaves' leaves Saudi megaproject
The chief executive of Saudi Arabia’s futuristic city,
Neom
, has left his role, along with several other executives who ...
4d
on MSN
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 ...
4d
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 ...
Middle East Eye
1d
Saudi Arabia scales back Neom plans to focus on World Cup and Asian Games
Saudi Arabia has scaled back some of its ambitious plans for
Neom
, the megacity it is building in the northwest of the ...
Financial News
2d
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 ...
Hoteliermiddleeast.com
14h
NEOM’s THE LINE development appoints design teams
The collaboration supports Phase One’s urban vision, laying the groundwork for a sustainable, car-free city that harmonises ...
Engineering News-Record
2d
NEOM Names Phase One Design Team for Saudi Arabia 'The Line' Megaproject
Gensler, Mott MacDonald and DMAA are contributing planning, design and engineering services for the first 2.4 km of the ...
Arabian Business
12h
Dubai real estate ‘stabilising’; Damac launches airline; NEOM management changes; UAE salary increases – 10 things you missed this week
Dubai real estate forecast, Damac Air launch, NEOM management changes, Nakheel releases Palm Jebel Ali beach villas and more ...
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Saudi Arabia
The Line
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