Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” giga-project, according to public documents. South Korea-listed Hyundai Engineering & ...
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Neom no more? Saudi Arabia reduces ambitious plans for 'The Line' and futuristic megacity
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 ...
New Saudi hospitality updates point to continued movement across destinations, brands and regulation. Big stories in Saudi ...
Saudi Arabia's $925 billion sovereign wealth fund will focus investments on the country's economy across six key themes under a new five-year strategy, deploying more money domestically in its latest ...
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 ...
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