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 ...

When Saudi Arabia unveiled NEOM in 2017, it promised nothing short of a city from the future. Crown Prince Mohammed bin Salman presented the mega-project as the centrepiece of the kingdom's Vision ...

NEOM was promoted as a futuristic desert megacity that could transform Saudi Arabia’s economy. But scaling back parts of the ...

The urban development project has often seemed pie-in-the-sky. A new "energy efficient" data center project promises more of the same. Reading time 2 minutes They say data is the new oil. If that’s ...

Neom's initial $500 billion price tag has ballooned to trillions, leading to project scaling back and a focus on smaller, more achievable goals. Saudi Arabia's reliance on oil revenue and volatile oil ...

As Saudi Arabia continues to reshape its desert landscape with an incredible number of ambitious construction projects, it has employed some high-tech robotic help to increase efficiency and speed ...

KSA has shifted away from major construction projects toward clearer commercial returns under the Public Investment Fund’s ...

Saudi Arabia’s NEOM Green Hydrogen Project is 80% complete, on track to start green ammonia exports by 2027. Despite global headwinds for hydrogen projects, including high costs and few offtake deals, ...

NEOM has given rare media access to Al Arabiya to show off progress at The Line, its wildly ambitious 170-kilometer linear city project. The Saudi broadcaster's report was strong on glossy renderings ...

RIYADH/DUBAI, April 22 (Reuters) - Saudi Arabia is to officially appoint Aiman al-Mudaifer as the chief executive of NEOM, the $500 billion mega-project at the heart of the kingdom's drive to ...

The construction work currently underway in Saudi Arabia for the Neom giga-project is unprecedented, with buildings like the Line transforming the desert landscape at a remarkable pace. Now an expert ...