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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.
Socceroos, Saudi Arabia and Australia World Cup
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
Arabia
and Bahrain for that second spot. And given those are the two sides the Socceroos play in this international break, you can ...
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.
LIVE
World Cup Qualifiers 2024 LIVE updates: Socceroos take on Saudi Arabia in Melbourne
After getting Australia’s World Cup qualification campaign back on track, coach Tony Popovic has urged the Socceroos to embrace the challenge of beating Saudi Arabia and wrest their fate firmly into their own hands.
1h
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 ...
Arabian Business
55m
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 ...
21h
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 ...
Game Rant
7h
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 ...
RTE Online
2h
Celine Dion 'very privileged' to close Elie Saab fashion show in Saudi Arabia
Following her recent health struggles Celine Dion said it was a "dream come true" to perform for the first time in Riyadh.
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 ...
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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