NEOM’s 2026-2030 budget includes $16 billion in anticipated payments to contractors to terminate long-term agreements, ...

It was supposed to the most groundbreaking structure the world had ever seen. But now, this multi-trillion-dollar “smart city ...

Saudi Arabia is investing over $1 trillion to completely transform its economy and society through Vision 2030, the most ...

Saudi Arabia’s NEOM has delayed further work on The Line — the planned 170-kilometer long dual skyscrapers once projected to cost more than $1 trillion — until at least after 2030 as the kingdom’s ...

NEOM ended its contract with Webuild for a high-speed rail connector, with a backlog of $1.16 billion ...

The urban development project has often seemed pie-in-the-sky. A new "energy efficient" data center project promises more of the same. Reading time 2 minutes They say data is the new oil. If that’s ...

May 21 (Reuters) - Saudi Arabia's high-tech NEOM has terminated Webuild's contract for the Connector High-Speed Line project in Tabuk, Italy's largest construction company said on Thursday. The ...

In the northwest corner of Saudi Arabia, along the pristine shores of the Red Sea, a bold experiment is unfolding, one that promises to reshape not only the future of urban development, but the very ...

Projects such as NEOM, The Line and winter resorts in desert regions were presented as symbols of a new economic era. Today, ...

The construction work currently underway in Saudi Arabia for the Neom giga-project is unprecedented, with buildings like the Line transforming the desert landscape at a remarkable pace. Now an expert ...

Futuristic city once at the heart of Saudi Arabia’s transformation plan will spend more money to halt construction than on ...

The horizontal skyscraper sci-fi dream is now just a colossal crater in the desert. Saudi Arabia has halted construction on ...