Three service companies announce the cancellation of their projects with Neom in its city and ski resort. The Malaysian steel ...
Companies have announced the cancellation of contracts to deliver work on Trojena and The Line as the Neom project in Saudi ...
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 ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Ambitious plans for a 100-mile-long megacity in Saudi Arabia – a key part of the kingdom’s $2 trillion redevelopment project – ...
Saudi Arabia is scaling back Neom's original mega-city vision and repositioning the project around industrial development and ...
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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Neom cancels The Line tunnels contracts

The tunnels formed part of the infrastructure backbone of Neom’s The Line project.
Neom has terminated its contract with Italian contractor Webuild for the construction of three dams feeding a freshwater lake ...
Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. "All ...
Saudi Arabia's massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces ...
Ambitious plans for a 100-mile-long megacity in Saudi Arabia – a key part of the kingdom’s $2 trillion redevelopment project – have been put on hold so they can be scaled back. Now, however, the ...