Neom, Saudi Arabia

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.
Saudi Arabia Replaces CEO Leading Development of Megacity Neom
Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic development known as Neom, in the latest sign that the project is struggling to deliver on its ambitions.
Saudi Arabia Replaces CEO Of Futuristic Mega-city NEOM
Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM as scepticism mounts over the Gulf kingdom's most ambitious development projects.
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.
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 after six years in the role.
Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.
Neom, Saudi Arabia’s Futuristic City, Suddenly Loses Its CEO
Pitched as a mix of ‘Blade Runner’ and ‘Jurassic Park,’ Neom is the world’s biggest construction project. Twenty-one thousand people have died so far to make it happen.
Saudi Arabian megacity Neom replaces its CEO
The departure of the longtime CEO marks a major shakeup at Neom, which is a showpiece of Riyadh’s economic ambitions.
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 ...
The Mirror47m
Saudi Arabia unveils vast mountain hotel that looks suspiciously like city from Lord of the Rings
A new tourist development has been announced for the Gulf of Aqaba, but it looks suspiciously like something out of the ...
Zawya26m
Saudi Arabia: Tilal unveils $1.6bln mixed-use luxury development in Khobar
Tilal said it is aimed at providing adequate housing for Saudi families in a sustainable and pedestrian-friendly urban environment and promoting an integrated lifestyle in the heart of Al Khobar ...
Arabian Business2h
Saudi Arabia’s CMA approves major overhaul of Sukuk, debt market rules to boost investment
The reforms aim to strengthen Saudi Arabia’s regulatory framework for debt instruments, creating a more dynamic and ...
Saudi Megaproject Announces Update Amid Worker Safety Questions
Newsweek contacted the Saudi Arabian Public Investment Fund, which manages the Vision 2030 projects, for comment via email.
Disney Breaks New Ground With A Castle In Saudi Arabia
Building blockbuster theme parks isn't for the faint-hearted. Casting a powerful spell requires a backer with deep pockets ...
Zawya11h
Dusit, Saudi TDF mull joint hospitality projects
with Tourism Development Fund (TDF), the national enabler of the tourism sector in Saudi Arabia, to establish a preliminary framework for developing hospitality projects that will enhance the ...