Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritise completing elements essential to hosting ...

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country ...

Red Sea Souk Unveils 2024 Project Selection With Upcoming Features From Fatima Al-Banawi, Asmae El Moudir & C.J Obasi ...

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.

Neom CEO Nadhmi Al-Nasr has exited the company amid allegations that workers have died and gone missing while working on the ...

Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.

Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns ...

Saudi Arabia's ambitious futuristic city plans have been bogged down by delays and changes. The most recent is the departure ...

Saudi Arabia has replaced the long-serving chief executive of its $500-billion megaproject Neom, a key development within the ...

The announcement of the team came a day before NEOM’s board of directors announced that the company’s CEO, Nadhmi Al-Nasr, ...

Unmet performance goals led to Nadhmi al-Nasr’s departure from Neom, a source familiar with the matter told Reuters, though they did not disclose the specific targets. The project has also faced cost ...

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.