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

Add Yahoo as a preferred source to see more of our stories on Google. Ambitious plans for a 100-mile-long megacity in Saudi Arabia – a key part of the kingdom’s $2 trillion redevelopment project – ...

Saudi Arabia is scaling back Neom's original mega-city vision and repositioning the project around industrial development and ...

Hyundai Engineering & Construction said a tunnel construction contract in NEOM awarded to a consortium led by the South ...

The future of The Line, the visionary urban project planned within the NEOM megacity, appears to have been scaled back to be ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. “There won’t be a single supermarket,” Saudi crown prince Mohammad bin Salman told Bloomberg in 2017. “Zero. Nobody will go and ...

Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. "All ...

Tonomus, a digital company part of Saudi Arabia’s new Neom city, has launched a data center. Neom is a project aiming to construct a huge new smart city on the Red Sea coast in the northwestern Saudi ...

Ambitious plans for a 100-mile-long megacity in Saudi Arabia – a key part of the kingdom’s $2 trillion redevelopment project – have been put on hold so they can be scaled back. Now, however, the ...

“There won’t be a single supermarket,” Saudi crown prince Mohammad bin Salman told Bloomberg in 2017. “Zero. Nobody will go and buy things for their home. Everything will come to your house using ...