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 ...

Crown Prince Mohammed bin Salman, has poured hundreds of billions of dollars into development projects through the kingdom's ...

The leadership change comes as Neom moves closer to its Vision 2030 goals, prioritising sustainability, smart infrastructure ...

The recent departure of Neom’s long-time CEO, Nadhmi al-Nasr, has created waves across the project’s leadership structure.

Long hailed as a city of the future, Neom serves as the focal point of Saudi Crown Prince Mohammed bin Salman's ambitious ...