Saudi Arabia is drawing a line in the sand under the soaring costs of its ambitious “Line” skyscraper gigaproject.

Only recently has the hype around the construction of the Line skyscraper in Saudi Arabia quieted down, and another ...

According to a recent news report, Saudi Arabian authorities are taking a closer look at the feasibility of that most ...

The skyscraper race is the most striking construction trend of the beginning of the third millennium. The construction giants ...

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’s Public Investment Fund took a two-thirds stake in Related's planned skyscraper at 625 Madison Avenue ...

The Rise Tower in Saudi Arabia would be the tallest building in the world if completed, at a height of 2 kilometers.

Related purchased the site last year for more than $600M. The final cost of the project is expected to exceed $1B.

The deal is with NYC real estate developer Related, which is seeking to capitalize on the return to office push in the economic metropolis.

More on Saudi Arabia: More Than 1,300 Muslim Pilgrims Die From Extreme Heat. ... Saudi Arabia's 100-Mile Skyscraper Is Turning Into a Disaster. Mar 10, 12:14 PM EDT. Read More. Neom Thank You.

Saudi Crown Prince Mohammed bin Salman demanded something as ambitious as Egypt’s pyramids. What urban planners came up with in response are plans for the world’s largest structure.

The government’s Public Investment Fund has already put $200 million into the project, where it is claiming a two-thirds stake.