back to top
Search

Long-time CEO of NEOM Nadhmi Al Nasr departs

Following Al Nasr’s departure, NEOM Board of Directors announced the appointment of Eng. Aiman Al-Mudaifer as Acting CEO of the company.

Leadership

Nadhmi Al Nasr, CEO of Saudi Arabia’s ambitious NEOM project, has abruptly left his role in a significant change for the $1.5 trillion gigaproject.

Following Al Nasr’s departure, NEOM Board of Directors announced the appointment of Eng. Aiman Al-Mudaifer as Acting CEO of the company.

“As NEOM enters a new phase of delivery, this new leadership will ensure operational continuity, agility and efficiency to match the overall vision and objectives of the project,” the statement said.

Latest

Market

Dubai real estate sector sees $38 billion of sales in Q1

0
The latest data from fäm Properties shows that the...
Leadership

UAE ranks first globally in Global Entrepreneurship Monitor Report

0
Reaffirming its position as the world’s top environment for...
Market

Businesses hold back hiring as UAE job creation hits three-year low

0
Most companies are opting to maintain existing workforce levels,...
Market

Nama attracts Samsung and ACWA for 2,400 MW projects in Oman

0
Oman’s Nama Power & Water Procurement Company has received...
spot_img

Don't miss

Market

National Life and General Insurance Company: Delivering value beyond insurance to customers

0
Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.
Innovation

AI central to UAE’s economic diversification, says COP28 President-Designate

0
AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.
Market

Economic growth in GCC to more than halve in 2023: World Bank report

0
However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.
Technology

KitchenomiKs aims to transform on-demand food economy in Oman

0
KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.
Market

Real estate sector in GCC experiencing ‘profound transformation’: Expert

0
The real estate sector in the GCC region is...
spot_imgspot_img

UAE ranks first globally in Global Entrepreneurship Monitor Report

businessadmin -
Reaffirming its position as the world’s top environment for startups and SMEs, the UAE outperformed 55 economies, leading in 11 of 13 key indicators...
Read more

Nissan appoints Ivan Espinosa as new CEO

businessadmin -
Effective April 1, the board of directors has approved titles and areas of responsibility for the representative executive officer and executive officers. Ivan Espinosa,...
Read more

Mustafa Bakir, MD of TECS: Becoming a leader is a journey

businessadmin -
First among equals Mustafa Bakir, Managing Director of TECS (Technical Supplies International Company LLC), reflects on his rollercoaster ride from a humble garment exporter to establishing a thriving electrical, instrumentation, oil and gas, drives and automation, lighting and switchgear enterprise in Oman.
Read more

Categories

Most recent

Most popular

Business Plus © - All rights reserved | Powered by TAS Media Group