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 ...

Saudi Arabia is staging itself as a global laboratory for the future with billions, mega buildings and maximum attention. The centerpiece of the large-scale NEOM project: a 170-kilometer-long mirror ...

KSA has shifted away from major construction projects toward clearer commercial returns under the Public Investment Fund’s ...

Futuristic city once at the heart of Saudi Arabia’s transformation plan will spend more money to halt construction than on ...

Saudi government to spend $16 billion on cancelling parts of troubled Neom megacity project: report - The Line, a 170-kilometre long and 2-kilometre wide megacity envisaged in the Saudi Arabian desert ...

When Saudi Arabia unveiled NEOM in 2017, it promised nothing short of a city from the future. Crown Prince Mohammed bin Salman presented the mega-project as the centrepiece of the kingdom's Vision ...

Saudi Arabia has cancelled key NEOM construction contracts amid rising costs and escalating tensions with Iran, forcing a strategic rethink. The futuristic mega-project, central to Vision 2030, is now ...

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 ...

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 ...

The scaling back follows years of operational chaos and financial bleeding. Since its 2017 launch, the project promised a 105-mile strip of high-density living. But reality struck early. By April 2024 ...