Saudi Arabia is scaling back its ambitious NEOM mega-project following contract cancellations and rising geopolitical ...

Saudi Arabia is still spending big on Neom, its megacity in the desert. The country's Vision 2030 projects have now reached $1.3 trillion in value, per Bloomberg. The cost of the project has ...

Saudi Arabia's Neom project secured a $2.7 billion credit line from local lenders. The Saudi finance minister said the kingdom was "very pleased" with progress on Vision 203 goals. He said "challenges ...

Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” ...

Hyundai Engineering & Construction said a tunnel construction contract in NEOM awarded to a consortium led by the South ...

Saudi Arabia has scaled back its ambitions for the Neom megacity project, reducing the population target from 1.5 million to 300,000 by 2030. The 170km straight-line city, known as The Line, is now ...

The Line, a gleaming skyscraper that was set to run through the vast Saudi desert, is facing further hurdles as war in the ...

Saudi Arabia's Neom is planning its first bond sale, Bloomberg reported. The issuance could take place later this year and raise up to $1.3 billion, per the outlet. Neom is the centerpiece of Saudi ...

Saudi Arabia's futuristic city is still on track to be completed by 2030, despite rumors the Saudis were scaling back rumors amid funding woes. Photo by -/NEOM/AFP via Getty Images Saudi Arabia’s ...

Companies involved in the construction of several Saudi Arabian megaprojects have been called on to examine their relationship with the nation amid significant human rights abuse allegations. Human ...

Reports of delays at Neom — often citing unnamed sources — have circulated frequently. Now we have the confirmed postponement of the Asian 2029 Asian Winter Games in Trojena. Saudi Arabia’s ...

Saudi Arabia's massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces ...