The Neom project, the brainchild of Saudi Arabia's crown prince, is changing CEO amid financial difficulties for the country.

Aiman Al-Mudaifer has become the new CEO of the Neom project after the unexpected departure of Nadhmi Al-Nasr. The project is facing financial difficulties and the change comes at a delicate time with a growing budget deficit. There are also reports that original plans for the project, such as The Line, have been significantly scaled back.