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

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.

Saudi PIF, which sold 6 per cent of stc for $3.2bn in 2021, will keep a 62 per cent stake in the telecoms group after the ...

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 ...

The longtime chief executive of the $500bn Saudi development project Neom Nadhmi al-Nasr , launched by Crown Prince Mohammed ...