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 ...

Saudi Arabia is betting half a trillion dollars on a cluster of giga projects so ambitious they've left engineers, investors, ...

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 ...

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 investment official says Neom projects delayed, not cancelled ...