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NEOM, Saudi Arabia
Exclusive: Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
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, three sources told Reuters a day after the sudden departure of the project's longtime CEO.
The Line — a key part of Saudi Arabia's Neom project — is a visionary but flawed concept, urban planners say
The Line is part of Neom, the kingdom's ambitious megacity project. Linear living is an "ambitious but hardly revolutionary" concept, one expert says.
Saudi Arabia prioritises 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 essential to hosting global sporting events over the next decade as rising costs weigh,
Saudi, Israel and Gaza
Saudi crown prince accuses Israel of committing ‘collective genocide’ in Gaza
Saudi Arabia’s Crown Prince Mohammed bin Salman has accused Israel of carrying out “collective genocide” in Gaza, in some of his strongest criticism of the country since the war began last year.
Saudi crown prince slams Israeli 'genocide' in Gaza
Saudi Crown Prince Mohammed bin Salman said Monday that Israel was committing "genocide" against Palestinians and urged the international community to halt the country's "attacks on the Palestinian and Lebanese peoples.
Live briefing: Saudi crown prince calls Israel’s conduct ‘genocide’
Crown Prince Mohammed bin Salman made the comment in remarks at a summit of representatives of Arab and Islamic nations in Riyadh, state media said.
Saudi Arabia's PIF to sell 2% stake in STC
Saudi PIF to sell 2% stake in STC at 38.6 riyals/share, state TV reports
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 wealth fund PIF to sell further stake in STC in potential $1.1bln deal
DUBAI - Saudi Arabia's sovereign wealth fund PIF has hired Goldman Sachs and Saudi National Bank to sell around a 2% stake in the country's telecom group STC in a deal that could raise up to $1.1 billion, according to a statement from the banks.
Saudi Arabia's PIF to sell 2% stake in STC in estimated $1bn deal
Saudi Arabia’s Public Investment Fund is selling 2 per cent of its stake, or 100 million shares, in Saudi Telecom Company, the kingdom's biggest mobile operator, according to a regulatory filing with the Tadawul stock exchange.
15h
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.
1d
on MSN
Saudi Arabian Desert's First Ever Snowfall Shown in Photos
Temperatures in the Al-Nafūd desert can climb as high as 55 degrees Celsius during the summer, making this drastic change a ...
22h
CEO of Saudi Arabia’s Futuristic City Project Leaves Abruptly
Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns ...
13h
on MSN
'We have to be rational,' Saudi Arabia's climate envoy says at COP29
Jubeir, Saudi Arabia's climate envoy and minister of state for foreign affairs, says the kingdom is "way ahead of the world ...
Zawya
19m
Saudi's SAMA issues rules for opening electronic wallets
RIYADH — The
Saudi
Central Bank (SAMA) has issued the final version of “E-Wallet Rules” as part of its supervisory and regulatory role over Electronic Money Institutions (EMIs). The rules included ...
1d
on MSN
Saudi Megaproject Announces Update Amid Worker Safety Questions
Newsweek contacted the Saudi Arabian Public Investment Fund, which manages the Vision 2030 projects, for comment via email.
NBC News
2d
Saudi Arabia accused of 'sportswashing' over aggressive push into international sports
BREAKING: Trump says Elon Musk and Vivek Ramaswamy will head a new department to reduce federal bureaucracy Profile Sections ...
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 country ...
20h
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 ...
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