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

NEOM is sold as Saudi Arabia’s city of the future, but the transcript frames it as something much darker: a massive monument ...

NEOM has terminated Webuild’s Connector High Speed Line contract in Tabuk, the Italian contractor has said, extending a ...

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 & ...

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

NEOM and DSV announce a $10 billion exclusive logistics joint venture to support the development of the ambitious projects ...

The move comes as the kingdom’s sovereign wealth fund, the Public Investment Fund, shifts its focus towards more commercially ...