Saudi Arabia’s futuristic city project Neom has announced the departure of long-time CEO Nadhmi Al-Nasr in an abrupt ...

NEOM has announced a major shake up of its management as long-time leader Nadhim Al Nasr has left his CEO role. The NEOM ...

Nasr estimated the total cost of the line alone would be considerably over $2 trillion, which is far more than the country's ...

Neom, Saudi Arabia's ambitious megacity project, is a key part of the kingdom's Vision 2030 scheme. Its CEO stepped down ...

Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify ...

Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns ...

Red Sea Souk Unveils 2024 Project Selection With Upcoming Features From Fatima Al-Banawi, Asmae El Moudir & C.J Obasi ...

Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as ...

RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing ...

Saudi Arabia's sovereign wealth fund PIF will sell 100 million shares in the country's telecom group STC at a price of 38.6 riyals ($10.27) apiece, state television reported on Thursday.

The departure of the longtime CEO marks a major shakeup at Neom, which is a showpiece of Riyadh’s economic ambitions.

Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.