Saudi Arabia’s NEOM project is one of the most ambitious—and controversial—megaprojects in the world. With a budget of $500 ...

Launched in 2017, NEOM has been a flagship initiative of Crown Prince Mohammed bin Salman, envisioned as a high-tech ...

New satellite images reveal a seemingly slow development on Neom, Saudi Arabia's "city of the future." The 110-mile-long city was initially expected to be partially completed by 2030 and fully ...

A unit of the country’s public investment fund tapped consulting firms to take a look at plans for The Line, with a likely ...

A costly project in Saudi Arabia is being reevaluated after the £1.2 trillion plan may not now even be possible. The Line 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.

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

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

Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort. The new city faces financial ...

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 ...

Saudi Arabia’s super-city of Neom has created its own investment fund. The Neom Investment Fund will largely focus on mergers and acquisitions and venture capital in tech startups, said the ...

Although Saudi Arabia stated intentions for Neom to house 1.5 million people by 2030, it is now expected to host 300,000 residents within a 1.5-mile segment by then.