Saudi Arabia is scaling back its ambitious NEOM mega-project following contract cancellations and rising geopolitical tensions with Iran. The move highlights growing financial pressures on Vision 2030 ...

Saudi Arabia is still spending big on Neom, its megacity in the desert. The country's Vision 2030 projects have now reached $1.3 trillion in value, per Bloomberg. The cost of the project has ...

Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” ...

Saudi Arabia's Neom project secured a $2.7 billion credit line from local lenders. The Saudi finance minister said the kingdom was "very pleased" with progress on Vision 203 goals. He said "challenges ...

Saudi Arabia's Crown Prince is reportedly open to having "tough conversations" about Vision 2030. MBS might be ready to discuss which projects should proceed first, the Financial Times reported. Saudi ...

Saudi Arabia has scaled back its ambitions for the Neom megacity project, reducing the population target from 1.5 million to 300,000 by 2030. The 170km straight-line city, known as The Line, is now ...

Saudi Arabia is betting on mega projects to move beyond oil, from NEOM and the Red Sea Project to the Riyadh Metro and a one kilometer skyscraper in Jeddah. This video explores the vision behind the ...

Saudi Arabia's Neom and King Abdullah University of Science and Technology (KAUST) have revealed plans for the world's most extensive coral restoration endeavor. The endeavor aligns with the nation's ...

Neom's initial $500 billion price tag has ballooned to trillions, leading to project scaling back and a focus on smaller, more achievable goals. Saudi Arabia's reliance on oil revenue and volatile oil ...

Reports of delays at Neom — often citing unnamed sources — have circulated frequently. Now we have the confirmed postponement of the Asian 2029 Asian Winter Games in Trojena. Saudi Arabia’s ...

The videos from Saudi Arabia’s futuristic urban development project spread quickly across the internet, and almost as quickly started to disappear. At least five influencers who had been posting ...

RIYADH/DUBAI, April 22 (Reuters) - Saudi Arabia is to officially appoint Aiman al-Mudaifer as the chief executive of NEOM, the $500 billion mega-project at the heart of the kingdom's drive to ...