The Line smart city is reportedly now being rethought as an AI data center, which the country expects to bring a greater short-term financial return, a move spurred by a financial review of NEOM ...
EL MUNDO on MSN
The mega-city in the Saudi desert stagnates: investors abandon the pharaonic project of The Line
Three service companies announce the cancellation of their projects with Neom in its city and ski resort. The Malaysian steel ...
World Construction Network on MSN
Neom cancels The Line tunnels contracts
The tunnels formed part of the infrastructure backbone of Neom’s The Line project.
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 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 ...
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