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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.
Long-Time CEO of NEOM Goes as Saudi Arabia Scales Back Mega-Projects
DUBAI/RIYADH (Reuters) -Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a reason.
Saudi Arabia, Australia national soccer team
Soccer-Australia bracing for 'new coach bounce' against Saudi Arabia
Australia will hope the much-travelled Herve Renard will not wield his old magic on his return to the Saudi Arabia dugout when the teams clash in a crunch World Cup qualifier at Melbourne Rectangular Stadium on Thursday.
Struggling Australia and Saudi Arabia play a crucial Asian World Cup qualifier
Australia and Saudi Arabia play a crucial World Cup qualifier in Melbourne on Thursday while Japan and South Korea can take a huge step towards North America in 2026 in the third round of Asian qualif
Socceroos vs. Saudi Arabia live: Score, result, updates, lineups from Australia World Cup qualifier
The Socceroos face their most important World Cup qualifier when they host Saudi Arabia in Melbourne. A win could put them in the box seat to qualify for the tournament automatically.
2h
on MSN
Saudi Arabia's inflation rate edges up to 1.9% in October
Saudi Arabia's annual inflation rate continued to edge up in October to 1.9% from 1.7% in September, according to government ...
The Mirror
11m
Saudi Arabia unveils vast mountain hotel that looks suspiciously like city from Lord of the Rings
As part of its hugely controversial NEOM mega-city project,
Saudi
Arabia
's leaders have unveiled plans for Siranna - a ...
Zawya
19m
Saudi Arabia: PIF sells 100mln stc shares for $1bln
Saudi
Arabia
's Public Investment Fund (PIF) today announced the completion of the sale of part of its stake in the
Saudi
Telecom Company (stc) through an accelerated bookbuild offering. The ...
Arabian Business
1h
Saudi Arabia’s SPIMACO acquires 68% stake in Swiss pharma Osmopharm
The deal is expected to provide SPIMACO with a significant opportunity to strengthen its product portfolio, enhance its ...
22h
on MSN
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 ...
Australian Broadcasting Corporation
3h
Socceroos World Cup qualifier live updates: Australia vs Saudi Arabia live blog, scores and stats
The upshot of all that is, while Japan streaks towards qualification, Australia is in a bit of a dogfight with
Saudi
...
Game Rant
8h
Saudi Arabia Reduces Stake in Nintendo
The Public Investment Fund of Saudi Arabia continues the recent trend of reducing its major stake in the Japanese gaming ...
1d
Disney Breaks New Ground With A Castle In Saudi Arabia
Building blockbuster theme parks isn't for the faint-hearted. Casting a powerful spell requires a backer with deep pockets ...
Zawya
2h
Red Sea Global joins forces with Global Wellness Institute to highlight wellness sector opportunities in Saudi Arabia
Partnership shines a light on the Saudi wellness economy and growing opportunity in the sector in alignment with Vision 2030 ...
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