Neom tapped Aiman Al Mudaifer (bio) as its acting CEO, replacing the outgoing Nadhmi Al Nasr, it said in a statement. Al Mudaifer has been serving as the head of the PIF’s local real estate division since 2018. He also held executive positions at Al Akaria, Shomoul Holding, and Al Andalus Real Estate. The leadership change will “ensure operational continuity, agility and efficiency to match the overall vision and objectives of the project,” the Neom board said. The story is also getting ink from Bloomberg and the Wall Street Journal.

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