Saudi Arabia Makes Bold Leadership Change in NEOM Megacity Project
1 month ago
In a significant move for the ambitious NEOM megacity project, Saudi Arabia has announced the replacement of CEO Nadhmi Al-Nasr. This change comes as the kingdom intensifies its efforts to bring to life one of the most highly publicized urban developments in the world. NEOM, part of Saudi Arabia’s Vision 2030 plan, aims to create a futuristic community that integrates cutting-edge technology with a sustainable environment.
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Saudi Arabia Announces Spending Cuts Amid Declining Oil Revenues
3 months ago
In what is arguably a major shift in fiscal policy, Saudi Arabia announced spending cuts on Sunday as a reaction to the tumbling oil revenues. This forces the kingdom to dial back its ambitious projects to stimulate the economy and develop it amidst fluctuating oil prices.
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