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Saudi Arabia, Neom
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’s $1 trillion wealth fund h. as at its disposal.
Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
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.
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.
5h
on MSN
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 ...
Hosted on MSN
1d
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 ...
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 ...
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 ...
Reuters
1d
Italy's SACE to give $3 bln loan guarantee for Saudi NEOM project, source says
ROME, Nov 13 (Reuters) - Italy's state export credit agency SACE will provide loan guarantees worth 3 billion dollars for ...
The Straits Times
13h
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 ...
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