Neom CEO Nadhmi Al-Nasr Departs

Neom CEO Nadhmi Al-Nasr Departs As Futuristic Megacity Project Resets
Saudi Arabia's futuristic city project Neom has announced the departure of long-time CEO Nadhmi Al-Nasr in an abrupt leadership reshuffle. The $500B project, a pillar of Crown Prince Mohammed bin Salman’s drive to diversify Saudi Arabia’s economy away from a reliance on oil,
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.
Nadhmi Al-Nasr, the CEO of Saudi Arabia's futuristic city, departs: What it means for project
Nasr estimated the total cost of the line alone would be considerably over $2 trillion, which is far more than the country's ability to spend on development. He took the reins in 2018 and pushed staff hard.
Saudi Arabia's Neom project CEO, who earned chilling reputation, exits abruptly: 'Ran workers like slave'
Following the departure of Nadhmi al-Nasr who had served as the project’s chief executive since 2018, Aiman al-Mudaifer has been appointed as interim CEO, says NEOM in a statement.
NEOM announces major shake-up as Nadhmi Al Nasr leaves CEO role
NEOM has announced a major shake up of its management as long-time leader Nadhim Al Nasr has left his CEO role. The NEOM Board of Directors has announced the appointment of Eng. Aiman Al Mudaifer as Acting CEO of the company. Eng. Al Mudaifer assumes leadership of NEOM, following Nadhmi Al-Nasr’s departure.
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 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.
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
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 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.
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 Arabia replaces long-serving chief executive of Neom megaproject
Saudi Arabia has replaced the long-serving chief executive of its $500-billion megaproject Neom, a key development within the kingdom's Vision 2030 economic diversification strategy. Nadhmi Al Nasr, who led Neom since 2018,
Saudi Arabia Seen To Prioritise Sports For NEOM Plans As Costs Balloon
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Saudi Arabia’s NEOM megaproject boss sacked after ‘threatening to BURY worker in desert’ in latest blow to $1tn scheme
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Neom leadership shifts amidst controversies and challenges
Neom's CEO exits amid misconduct allegations, raising concerns over project's future amidst leadership changes and financial ...
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Aiman Al Mudaifer takes charge as NEOM’s Acting CEO
The leadership change comes as Neom moves closer to its Vision 2030 goals, prioritising sustainability, smart infrastructure ...