News

The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.
Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city ...
Officials have brought in consultants to review the feasibility of The Line, a linear city in the middle of the desert.
Saudi Arabia's PIF has launched a strategic review of The Line, NEOM's $500bn linear city, amid financial constraints and ...
Kingdom's premier gigaproject could slash an estimated 20 percent of its workforce amid cost cutting, Semafor reports ...
The name “NEOM” stands for the Greek “neos” (meaning “new”) and the Arabic word “mustaqbal” (meaning “future”), which stands ...
Saudi Arabia's PIF has asked consultants to conduct a review of the feasibility of megacity The Line, which Neom maintains is ...
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.
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 ...
Saudi Arabia is reportedly reassessing the scope and timeline of its $500-billion NEOM initiative, including the flagship ...
The Public Investment Fund has launched a strategic feasibility review of The Line, the futuristic 170 km linear city under NEOM. The Line Saudi Arabia: PIF launches strategic feasibility review.