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NEOM, Saudi Arabia

Reuters on MSN · 3h

Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -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,

Business Insider on MSN · 6h

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.

Bloomberg L.P. · 1d

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 Arabian megacity Neom replaces its CEO

The departure of the longtime CEO marks a major shakeup at Neom, which is a showpiece of Riyadh’s economic ambitions.

1h

The Big Problem for Saudi Arabia’s Futuristic City? The Country Doesn’t Have Enough Money

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

Business Insider21h

Saudi Arabia's ruler used to be one of Trump's biggest fans. This time it's complicated.

Impact Link Donald Trump's first trip as US president to Saudi Arabia in 2017 was a lavish spectacle. He joined a ...

5hon MSN

Saudi Arabia's Inflation Rate Edges up to 1.9% in October

ABU DHABI (Reuters) - Saudi Arabia's annual inflation rate continued to edge up in October to 1.9% from 1.7% in September, ...

Anadolu Ajansi39m

UK defense chief aims to enhance defense cooperation with Türkiye, Saudi Arabia

UK Defense Secretary John Healey will visit Türkiye and Saudi Arabia for meetings to reinforce defense partnerships and ...

1d

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 ...

1d

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 ...

3d

‘Change the Game’: Saudi Arabia Takes a Stride Into Women’s Tennis

The kingdom, which has been accused of trying to “sportswash” its human rights record, hosted the WTA Finals, part of its ...

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 ...

CelebrityAccess15h

The Media Nanny And Circulate Announce Plans For An Expansion In Saudi Arabia

Creative communications & PR agency The Media Nanny announced a new partnership with digital agency Circulate to expand ...

4d

Saudi Arabia’s first WTA Tour Finals: Tennis spectacle collides with everyday reality in Riyadh

The WTA believes that tennis can contribute to change in Saudi Arabia. Human rights groups say that is not conversant with ...

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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