PIF launched an audit of the project after Al-Nasr’s departure late last year and the brief opening of Sindalah, the luxury $4 billion Red Sea island intended to showcase NEOM’s potential and prove to skeptics that the wider project was progressing. But after a glitzy launch party in October, Sindalah was shut down and its fate is uncertain.
NEOM moved its headquarters to northwest Saudi Arabia in 2020, forcing staff to relocate to what was then — and, except for the people actually working on it, largely still is — a remote and…
