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Saudi Arabia prioritizes sports for NEOM plans
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 for its NEOM gigaproject to prioritize completing elements essential to hosting global sporting events over the next decade as rising costs weigh,
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.
Saudi Arabia Replaces CEO Of Futuristic Mega-city NEOM
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.
21h
on MSN
Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.
Engineering News-Record
1d
NEOM Names Phase One Design Team for Saudi Arabia 'The Line' Megaproject
The team for the first phase of
Saudi
Arabia
’s ambitious city building project, The Line, is coming together as the ...
Gulf Business
1d
Saudi Arabia replaces CEO overseeing $500bn NEOM mega project
Saudi
Arabia
has replaced the CEO of the $500bn futuristic
NEOM
city, which is central to the kingdom’s Vision 2030 ...
The Straits Times
7h
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 ...
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 ...
19h
on MSN
Italy's SACE to give $3 billion loan guarantee for Saudi NEOM project, source says
Italy's state export credit agency SACE will provide loan guarantees worth 3 billion dollars for Saudi Arabia's NEOM real ...
Yahoo
20h
Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader
Neom
is arguably the most high-profile portion of Crown Prince ... which poses a potential threat to the US. Infinity pool ...
Arabian Business
2d
NEOM The Line announces update as Saudi megaproject takes major step closer to Phase 1 completion
DMAA will later support NEOM in maintaining the design vision of Phase One, as neighbourhood architects are appointed. DMAA ...
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The Line
Phase 1
Delugan Meissl Associated Architects
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