Exclusive-Saudi Arabia Prioritizes Sports for NEOM Plans

The Line — a key part of Saudi Arabia's Neom project — is a visionary but flawed concept, urban planners say
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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.
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
The futuristic city is central to Crown Prince Mohammed bin Salman's plan to create new engines of economic growth beyond oil. But some of the schemes have had to be scaled back due to rising costs.
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.
​Saudi Arabia prioritises sports for Neom project as costs soar
Saudi Arabia has scaled back ambitions for its Neom gigaproject, amid rising costs, in order to prioritise completing elements that are essential to hosting global sporting events, sources have told Reuters following the sudden departure of the project’s long-time CEO.
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