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Exclusive-Saudi Arabia prioritizes sports for NEOM plans
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.
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,
Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Neom's board of directors announced on Tuesday the appointment of Aiman Al-Mudaifer as acting CEO of the company following the unexpected departure of Nadhmi Al-Nasr, who was put in charge of the project in 2018.
3h
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 Insider
1d
Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader
A broken vision
Saudi
Arabia
's dreams of the future are facing the realities of the present. The CEO of the Kingdom's ...
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 ...
The Straits Times
12h
Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
RIYADH/DUBAI -
Saudi
Arabia
has scaled back lofty ambitions for its
NEOM
gigaproject to prioritize completing elements ...
The Mirror
5h
Saudi Arabia unveils vast mountain hotel that looks suspiciously like city from Lord of the Rings
As part of its hugely controversial
NEOM
mega-city project,
Saudi
Arabia
's leaders have unveiled plans for Siranna - a ...
1d
Saudi Arabia’s NEOM megaproject boss sacked after ‘threatening to BURY worker in desert’ in latest blow to $1tn scheme
THE highly controversial boss of Saudi Arabia’s pricey NEOM project has been sacked after allegedly threatening to bury a ...
1d
on MSN
Italy's SACE to give $3 billion loan guarantee for Saudi NEOM project, source says
Italy's state export credit agency SACE will provide loan guarantees worth 3 billion dollars for Saudi Arabia's NEOM real ...
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The Line
Phase 1
Delugan Meissl Associated Architects
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