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NEOM, Saudi Arabia
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 for its NEOM gigaproject to prioritize completing elements essential to hosting global sporting events over the next decade as rising costs weigh,
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 Developing Megacity of 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 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.
The Mirror
1h
Saudi Arabia unveils vast mountain hotel that looks suspiciously like city from Lord of the Rings
As part of its hugely controversial
NEOM
mega-city project,
Saudi
Arabia
's leaders have unveiled plans for Siranna ...
Engineering News-Record
1d
NEOM Names Phase One Design Team for Saudi Arabia 'The Line' Megaproject
The team for the first phase of
Saudi
Arabia
’s ambitious city building project,
The Line
, is coming together as the ...
unilad
21h
Saudi Arabia has disputed the damning claims about the treatment of workers on its megaprojects
Neom CEO Nadhmi Al-Nasr has exited the company amid allegations that workers have died and gone missing while working on the ...
23h
on MSN
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 ...
1d
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 ...
1d
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 ...
unilad
1d
Saudi Arabia’s $1 trillion giga-project The Line reaches new milestone after reports that 21,000 workers had died
A documentary released by ITV in October 2024 alleged that over 20,000 people have died in Saudi Arabian since the Vision ...
Business Insider
21h
Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader
In today's big story,
Saudi
Arabia
's futuristic city ... seen mockups of the twin mirrored skyscrapers dubbed "
The Line
...
12d
on MSN
Saudi Arabia's 'The Line' Violates Human Rights and Common Sense
Inhumane labor practices, worker deaths, and the forced eviction and repression of local residents have characterized the ...
Greek Reporter
8d
Saudi Arabia’s NEOM Project Uses 20% of Global Steel
Saudi Arabia's Neom construction would require 20 percent of the world’s steel supply, an unprecedented amount of steel for ...
Zawya
12h
Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
RIYADH/DUBAI -
Saudi
Arabia
has scaled back lofty ambitions for its
NEOM
gigaproject to prioritize completing elements ...
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