Saudi government to spend $16 billion on cancelling parts of troubled Neom megacity project: report - The Line, a ...

Saudi Arabia’s NEOM has delayed further work on The Line — the planned 170-kilometer long dual skyscrapers once projected to cost more than $1 trillion — until at least after 2030 as the kingdom’s ...

It was supposed to the most groundbreaking structure the world had ever seen. But now, this multi-trillion-dollar “smart city ...

Futuristic city once at the heart of Saudi Arabia’s transformation plan will spend more money to halt construction than on ...

Add Yahoo as a preferred source to see more of our stories on Google. Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 ...

After a decade of dizzying investments, Saudi Arabia is now focused on domestic priorities.

NEOM today announced that it has secured a new revolving credit facility (RCF) worth SAR10 billion. It represents another ...

We've been following the progress of the incredibly ambitious Neom project since its announcement in 2017, which includes a 105-mile-long, 660-ft-wide and 1,600-ft-tall megacity called The Line. Now ...

In news that will probably be greeted with "well, duh," Saudi Arabia's incredibly ambitious plan to transform its country with the Neom gigaproject is costing more than expected. It's the scale that's ...

One might picture a shining tower or an endless solar farm when they see or hear the word NEOM, a futuristic $500 billion megacity that rose out of the Saudi desert. However, there is more to NEOM ...

NEOM’s 2026-2030 budget includes $16 billion in anticipated payments to contractors to terminate long-term agreements, ...