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 ...

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 ...

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

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

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

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.

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

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