Saudi Arabia is betting half a trillion dollars on a cluster of giga projects so ambitious they've left engineers, investors, ...
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 & ...
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 ...
Saudi sovereign wealth fund governor Yasir Al-Rumayyan tells Al Arabiya that some NEOM projects have been delayed as priorities are reassessed, but denies reports of cancellations ...
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 ...
Saudi investment official says Neom projects delayed, not cancelled ...