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NEOM replaces CEO amid megaproject’s delays, rising costs
Satellite view of construction progress at NEOM on Saudi Arabia's Red Sea coast (Getty Images)
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Saudi Arabia’s banner NEOM project is getting a management shake-up. The Public Investment Fund-owned company running the kingdom’s $500 billion development along the Red Sea coast announced the departure on Tuesday of CEO Nadhmi al-Nasr.
The move follows months of reports...