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105 new news items in the last 24 hours
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  2. International

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

Raluca Ioana Draghici
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13 November 2024, 17:45
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International
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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.

Sources

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Ziarul Financiar
Neom, cel mai ambiţios proiect al Arabiei Saudite are probleme. Întârzierile şi constrângerile bugetare au dus la numirea unui nou CEO
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France24
Saudi Arabia replaces CEO of futuristic mega-city NEOM
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The Guardian EU
Neom CEO departs as Saudi Arabia scales back mega-projects

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Neom Saudi Arabia ceo financial difficulties

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