Saudi Arabia has halted construction on its ambitious megaproject, The Line, with approximately $50 billion already spent.

Saudi Arabia ’s Public Investment Fund has published its 2026 to 2030 strategy without naming The Line or Trojena as ...

Saudi Arabia’s NEOM budget for 2026 to 2030 includes around $16 billion (SAR 60 billion) in anticipated payments to contractors to terminate long-term agreements, according to an exclusive report by ...

NEOM Sports Club continues to build its identity within Saudi football in parallel with the NEOM development project in the north-west of the Kingdom, after the team came to include prominent names ...

After years of cost overruns and delays, Saudi Arabia’s flagship futuristic megaproject, Neom, is set to be significantly scaled back. The futuristic super-city, meant to run entirely on alternative ...

The Independent and Yahoo will earn a commission from purchases made via links in this article. Pricing and availability are subject to change. The Saudi Arabian government will spend $16 billion on ...

May 21 (Reuters) - Saudi Arabia's high-tech NEOM has terminated Webuild's contract for the Connector High-Speed Line project in Tabuk, Italy's largest construction company said on Thursday. The ...

The Line is a proposal for an emissions-free smart city as a part of Saudi Arabia’s larger Neom mega-city project. The city ...

NEOM has announced that it has finalized contracts with investors for the first phase of its residential communities’ ...