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 ...

Neom's CEO exits amid misconduct allegations, raising concerns over project's future amidst leadership changes and financial ...

Low oil prices and production have hit Saudi coffers; long-time chief executive Nadhmi Al Nasr leaves due to his inability to ...

More from Deadline Neom CEO Nadhmi Al-Nasr Departs As Futuristic Megacity Project Resets Red Sea Film Festival Heads Jomana ...

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.

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 ...