Saudi Arabia is constructing a huge mirrored city in the desert called The Line. The parallel skyscrapers planned to stretch for just over 100 miles and accommodate millions of people. The project is one part of Neom, the kingdom's ambitious venture that ...

Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a reason. Crown Prince Mohammed bin Salman,

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

Saudi Arabia announced Tuesday that it was replacing the chief executive of its futuristic mega-city NEOM as scepticism mounts over the Gulf kingdom's most ambitious development projects. There has been mounting scepticism over signature projects such as NEOM,

Neom, Saudi Arabia's ambitious megacity project, is a key part of the kingdom's Vision 2030 scheme. Its CEO stepped down after six years in the role.

Nasr, the long-time CEO of the Red Sea urban and industrial development nearly the size of Belgium, will be replaced by Aiman Al-Mudaifer

The longtime chief executive of the $500bn Saudi development project Neom Nadhmi al-Nasr , launched by Crown Prince Mohammed bin Salman, has departed, according to a Neom statement issued on November 12.

Nasr, who had been chief executive officer of Neom since 2018, will be replaced by Aiman Al-Mudaifer for now, according to a statement on X.