According to a new report, Neom, Saudi Arabia’s futuristic city in the desert, has run into serious trouble. Overrunning costs, missed deadlines and an internal audit showing ‘manipulation’ of ...

Neom's CEO also unexpectedly stepped down recently and there have been numerous credible reports of human rights abuses. The WSJ alleges that executives have been accused of fudging the numbers to ...

The Saudi crown family's dreams of building a gigantic city of the future called Neom in the desert are getting a brutal ...

The delays and cost overruns kept mounting and, in 2024, bin Salman fired Neom’s CEO of six years, Nadhmi al-Nasr, putting in a new team tasked with turning the project around in place.

Last year, Neom CEO Nadhmi al-Nasr abruptly left the company. The development has since been overseen by executives from the country's sovereign wealth fund. An audit found that Neom employees ...

A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has ...

Weeks later, Neom's CEO, Nadhmi al-Nasr, was replaced. Since its 2017 launch, Neom has consumed more than $50 billion, the report says, but its boldest ideas - such as a floating business district ...

Saudi Arabia’s sovereign wealth fund and PwC clashed over the Big Four firm’s plans to hire a senior executive from one of the fund’s most important projects, as relations between the two sides ...

NEOM has announced plans to unveil the first phase of THE LINE, with the Hidden Marina development leading the initiative, its Chief Development Officer Denis Hickey revealed during his address at the ...

Located on the Red Sea, Port of Neom has undergone a significant transformation ... to Europe and the rest of the world, " said CEO of Oxagon, Vishal Wanchoo. Beyond infrastructure, Oxagon has ...