The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.

Saudi Arabia's PIF has launched a strategic review of The Line, NEOM's $500bn linear city, amid financial constraints and ...

Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city ...

The name "NEOM" stands for the Greek "neos" (meaning "new") and the Arabic word "mustaqbal" (meaning "future"), which stands for "new future." ...

The kingdom has been scaling back large-scale construction and investment projects amid rising costs and lower oil prices ...

THE future of the $1 trillion megacity The Line is hanging on by a thread as Saudi rulers are checking the “feasibility” of ...

New Delhi: Saudi Arabia’s dream project Neom City seems to be in trouble. Semaphore reported in its report on Friday, July 18 ...

Saudi Arabia is reportedly reassessing the scope and timeline of its $500-billion NEOM initiative, including the flagship ...

Saudi Arabia’s sovereign wealth fund has asked consultants to review the feasibility of its “The Line” gigaproject, Bloomberg ...

More than 1,000 people may be moved and a further 1,000 laid off as part of a sweeping audit of the $500 billion project.

Saudi Arabia’s Neom megacity stands at the centre of the kingdom’s futuristic plans to encourage economic expansion and societal advancement, Tekrevol reported. It is part of Crown Prince ...

The highly anticipated Saudi Arabia’s Neom project is likely to remain a dream as managers are reportedly finding it difficult to court investors, Quartz reported.Over the last several years, ...