Saudi Arabia’s ambitious quest to build a dazzling metropolis in the desert hit yet another snag: The CEO of the Neom development, Nadhmi al-Nasr, has quit unexpectedly, the Wall Street Journal reported yesterday.
His resignation comes as the pet project of the country’s de facto ruler, Mohammed bin Salman, has faced cost overruns and engineering challenges.
Two massive skyscrapers running in parallel, dubbed “the Line,” were dramatically scaled down from a planned 105 miles long to 1.5 miles. They were intended to anchor the $500 billion megacity.
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