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Exclusive-Saudi Arabia prioritizes sports for NEOM plans
Exclusive: Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
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, three sources told Reuters a day after the sudden departure of the project's longtime CEO.
Saudi Arabia prioritises sports for Neom project as costs soar
Saudi Arabia has scaled back ambitions for its Neom gigaproject, amid rising costs, in order to prioritise completing elements that are essential to hosting global sporting events, sources have told Reuters following the sudden departure of the project’s long-time CEO.
CEO of Saudi Arabia's megacity project The Line steps down amid project challenges
The longtime chief executive of Saudi Arabia's futuristic Neom megacity project has departed from his role, the company announced Tuesday without providing a reason. Long hailed as a city of the future,
5h
Saudi Arabia Crown Prince MBS Cancels Trip to G-20 Summit in Rio
Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman has decided not to attend next week’s Group of 20 summit in ...
2d
on MSN
Saudi Arabia's inflation rate edges up to 1.9% in October
Saudi Arabia's annual inflation rate continued to edge up in October to 1.9% from 1.7% in September, according to government ...
2d
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 ...
CelebrityAccess
13h
Saudi Arabia Sells Its Stake In Live Nation
The Saudi Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, has sold its entire holding of more than 12 ...
justthenews
5h
Company lobbied for restrictive subsidy rules on green hydrogen, but production is in Saudi Arabia
Air Products lobbied for more restrictive rules on green hydrogen tax credits, which would make it harder for competitors to enter the market, but it plans to produce the gas in Saudi Arabia to ship ...
2d
on MSN
'We have to be rational,' Saudi Arabia's climate envoy says at COP29
Jubeir, Saudi Arabia's climate envoy and minister of state for foreign affairs, says the kingdom is "way ahead of the world ...
3d
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 ...
1d
on MSN
Australia and Saudi Arabia draw 0-0 in World Cup qualifier
Australia and Saudi Arabia have drawn 0-0 in Asian qualifying for the 2026 World Cup in Melbourne. While there was late drama ...
Observer
1d
Sotheby’s and Christie’s Saudi Arabia Moves, Art Basel Abu Dhabi and a Rumored Frieze Sale
This is a very dynamic time for culture in Saudi Arabia,” according to Sotheby’s CEO Charles F. Stewart, who added in a ...
3d
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 ...
3d
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 ...
2d
Saudi Arabia's ruler used to be one of Trump's biggest fans. This time it's complicated.
Saudi's ruler, Crown Prince Mohammed, is increasingly wary that the war between Israel and Iran's network of regional ...
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