Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritise completing elements essential to hosting ...

Neom's CEO exits amid misconduct allegations, raising concerns over project's future amidst leadership changes and financial ...

Low oil prices and production have hit Saudi coffers; long-time chief executive Nadhmi Al Nasr leaves due to his inability to ...

More from Deadline Neom CEO Nadhmi Al-Nasr Departs As Futuristic Megacity Project Resets Red Sea Film Festival Heads Jomana ...

Two other sources familiar with the matter told Reuters that the departure of Nadhmi al-Nasr, the long-time chief executive, ...

A new tourist development has been announced for the Gulf of Aqaba, but it looks suspiciously like something out of the Lord ...

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.

Saudi Arabia's sovereign wealth fund PIF has raised 3.86 billion riyals ($1.03 billion) from selling a 2% stake in ...

Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...

The CEO of Saudi Arabia's planned futuristic city has seen his own future take a turn. Nadhmi al-Nasr has "abruptly" left the ...

Neom CEO Nadhmi Al-Nasr has exited the company amid allegations that workers have died and gone missing while working on the ...