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Officials have brought in consultants to review the feasibility of The Line, a linear city in the middle of the desert.
The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.
The name "NEOM" stands for the Greek "neos" (meaning "new") and the Arabic word "mustaqbal" (meaning "future"), which stands for "new future." ...
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.
MegaBuilds on MSN3d
Saudi Arabia's New $500BN NEOM MegaprojectsSaudi Arabia has announced plans for eight new projects in NEOM, creating the GULF OF AQABA, a new region within NEOM. This ...
Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city ...
Discover how Saudi Arabia's Neom project, including the Line, may alter local weather and affect the environment with its massive construction scale.
A major project in Saudi Arabia is responsible for one fifth of all global steel, according to its chief investment officer.
Neom, the extraordinarily ambitious 10,200-square-mile (26,500-sq-km) urban area with a US$1.5-trillion budget planned for the northern tip of the Red Sea is apparently still happening, and Saudi ...
The CEO of Saudi Arabia’s futuristic city Neom has launched a “comprehensive review” of the kingdom's mega-project, signifying more belt-tightening to come with falling energy prices. One ...
Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away from oil, has departed, NEOM said on Tuesday without ...
The chief executive of Saudi Arabia’s futuristic planned city Neom abruptly left his role, a major shake-up at the world’s biggest construction project. Nadhmi al-Nasr, a hard-charging ...
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