The world's largest earthworks, millions of work hours, and huge sums of money have all gone into pursuing the dream of a ...
Saudi Arabia’s NEOM has delayed further work on The Line — the planned 170-kilometer long dual skyscrapers once projected to cost more than $1 trillion — until at least after 2030 as the kingdom’s ...
Saudi government to spend $16 billion on cancelling parts of troubled Neom megacity project: report - The Line, a ...
NEOM has terminated Webuild’s Connector High Speed Line contract in Tabuk, the Italian contractor has said, extending a broader reshuffle across Saudi Arabia’s flagship development.
It was supposed to be the showcase of a country’s renewal, the symbol of its creative power and human ingenuity. But maybe the project was too big… Like a slap in the face, the city of the future, The ...
From Emaar's $54bn Dubai mega-project and NEOM's $16bn reset to Riyadh Air expansion and UAE reforms, here are 10 Gulf ...
The move comes as the kingdom’s sovereign wealth fund, the Public Investment Fund, shifts its focus towards more commercially viable infrastructure projects such as ports, utilities and data centres.
The Crown Prince of Saudi Arabia’s dreams of a glittering, futuristic city spanning his nation’s desert have come crashing ...
Saudi Arabia is deploying more money domestically to diversify reliance on oil Five-year plan groups industries across six so-called ecosystems that fund will prioritize PIF Governor confirms for ...
Saudi Arabia is set to significantly scale back Neom, its flagship super-city project. According to reports, Saudi Crown Prince and Neom chairman Mohammed bin Salman now envisions a much smaller ...
NEOM is being resized, not abandoned, as lower oil prices squeeze Saudi Arabia’s fiscal room. Riyadh is forced to reassess timelines and scale across its giga-projects despite Vision 2030 remaining ...
MBS's Vison 2030 project seemed the stuff of science fiction. Now reality has bitten ...
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