The Crown Prince of Saudi Arabia’s dreams of a glittering, futuristic city spanning his nation’s desert have come crashing down.
The horizontal skyscraper sci-fi dream is now just a colossal crater in the desert. Saudi Arabia has halted construction on ...
Saudi Arabia’s NEOM has delayed further work on The Line — the planned 170-kilometer long dual skyscrapers once projected to ...
NEOM has terminated Webuild’s Connector High Speed Line contract in Tabuk, the Italian contractor has said, extending a ...
Projects such as NEOM, The Line and winter resorts in desert regions were presented as symbols of a new economic era. Today, ...
Saudi Arabia’s sovereign wealth fund has not cancelled any projects within its flagship NEOM development, though some have been delayed as priorities are reassessed, Public Investment Fund (PIF) ...
The move comes as the kingdom’s sovereign wealth fund, the Public Investment Fund, shifts its focus towards more commercially ...
The Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, has toured NEOM to review the ...
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 ...
Yasir al-Rumayyan, governor of Saudi Arabia’s Public Investment Fund (PIF), said in an interview with Al Arabiya Business on Wednesday that no projects in NEOM have been cancelled so far, adding that ...
The Port of NEOM conducted a successful pilot trial of a new strategic intra-regional corridor connecting key trading hubs in ...
Saudi Arabia is deploying more money domestically to diversify reliance on oil Five-year plan groups industries across six so-called ecosystems that fund will prioritize PIF Governor confirms for ...
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