Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Saudi Arabia's massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces questions over the economic viability of its ambitions.
Saudi Arabia replaces CEO of futuristic mega-city NEOM
RIYADH: Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM
CEO of Saudi Arabia’s Futuristic City Project Leaves Abruptly
Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns and staff turnover.
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 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 NEOM's long-time CEO goes as kingdom scales back mega-projects
Nadhmi al-Nasr, the long-time chief executive of the $500 billion Saudi development project NEOM launched by Crown Prince Mohammed bin Salman, 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.
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Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
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Exclusive-Saudi Arabia Prioritizes Sports for NEOM Plans as Costs Balloon, Sources Say
Exclusive-Saudi Arabia Prioritizes Sports for NEOM Plans as Costs Balloon, Sources Say By Pesha Magid, Hadeel Al Sayegh ...
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Saudi wealth fund PIF to sell further stake in STC in potential $1.1bln deal
DUBAI - Saudi Arabia's sovereign wealth fund PIF has hired Goldman Sachs and Saudi National Bank to sell around a 2% stake in the country's telecom group STC in a deal that could raise up to $1.1 ...