Neom Megacity Faces Leadership Shakeup Amid Scaling Back
Saudi Arabia's ambitious Neom project undergoes changes as costs rise and human rights concerns mount.
- Neom's CEO Nadhmi al-Nasr has stepped down, with Aiman al-Mudaifer named as acting CEO.
- The project has faced significant financial challenges, leading to scaled-back plans, including reducing The Line's length from 106 miles to 1.5 miles.
- Reports have surfaced of human rights abuses and worker fatalities, raising international scrutiny.
- The project is part of Saudi Arabia's Vision 2030, aiming to diversify the economy away from oil.
- Neom's development includes plans for sports venues to host international events like the 2034 World Cup.