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 ...

Faisal Alibrahim, Saudi's economy minister, told CNBC the country was "reprioritizing a little bit towards sectors that need it the most." It comes after Riyadh launched an ambitious strategy, "Vision ...

Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET Saudi Arabia's Public Investment Fund has tapped consulting firms to conduct a strategic review of plans for the 105-mile linear city. Neom did ...

Saudi Crown Prince Mohammed bin Salman’s ambitious plans for The Line, a one-of-a-kind linear city in the Saudi Arabian desert, look quite different moving forward. The Line, the centerpiece of the ...

Saudi Arabia has cancelled key NEOM construction contracts amid rising costs and escalating tensions with Iran, forcing a strategic rethink. The futuristic mega-project, central to Vision 2030, is now ...

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 ...

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 ...

Site preparation and foundation work had started in 2024 for the first segments of The Line in northwest Saudi Arabia. Screen capture from video released by THE LINE at NEOM March 31, 2026 ...

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, ...