Saudi Arabias futuristic city projectNeomhas announced the departure of long-time CEO Nadhmi Al-Nasr in an abrupt leadership reshuffle.
Al-Nasr had been with the Neom since 2018, as the project was taking shape.
Al-Mudaifer has a deep and strategic understanding of Neom and its projects.
Neom coastlineGetty Images
In his role at PIF, Eng.
Al-Mudaifer oversees all local real estate investments and infrastructure projects.
He is also a board member of multiple prominent companies within the Kingdom, said the Neom statement.
