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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.
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 Arabia's PIF to sell 2% stake in STC
Saudi Arabia Reduces Stake in Nintendo
The Public Investment Fund of Saudi Arabia continues the recent trend of reducing its major stake in the Japanese gaming giant Nintendo.
Saudi Arabia’s PIF sells 2% stake in stc for over $1bn
PIF maintains ownership of 3.1 billion shares, equivalent to 62 percent of stc's issued share capital, following the transaction
Saudi PIF to sell 2% stake in STC at 38.6 riyals/share, state TV reports
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.
13h
on MSN
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 ...
17h
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 ...
english.mathrubhumi
1h
Kollam couple found dead in Unayzah, Saudi Arabia
A couple from Kollam were found dead in Unayzah, Saudi Arabia. Sharath was found hanging while Preethi was found on the floor ...
Observer
6h
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 ...
1h
on MSN
Celine Dion ‘very privileged’ to close Elie Saab fashion show in Saudi Arabia
Celine Dion said it was a “dream come true” to perform for the first time in Riyadh, following her health struggles. The ...
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 ...
Business Insider
15h
Saudi Arabia's ruler used to be one of Trump's biggest fans. This time it's complicated.
An icon in the shape of a lightning bolt. Impact Link Donald Trump's first trip as US president to
Saudi
Arabia
in 2017 ...
Zawya
3h
Kuwait, Saudi Arabia discuss water issues
Kuwait and Saudi Arabia are members of the Gulf Cooperation Council (GCC) that includes Oman, the UAE, Bahrain, Qatar ...
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