News

Saudi Arabia’s high-profile gigaproject Neom is considering laying off more than 1,000 staff and moving another 1,000 from ...
Saudi Arabia's Neom megaproject, home to the world's largest construction site, could soon layoff thousands of workers.
Launched in 2017, NEOM has been a flagship initiative of Crown Prince Mohammed bin Salman, envisioned as a high-tech ...
A unit of the country’s public investment fund tapped consulting firms to take a look at plans for The Line, with a likely ...
Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city ...
Saudi Arabia’s NEOM project is one of the most ambitious—and controversial—megaprojects in the world. With a budget of $500 ...
The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.
Big things are brewing between Saudi Arabia and Kuwait after a high-level meeting in NEOM Palace on Monday. Saudi Crown ...
Additionally, Saudi Arabia's fiscal breakeven oil price — what it needs a barrel of crude to cost in order to balance its government budget — was estimated by the International Monetary Fund ...
Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort.
Hyundai tests its UNIVERSE hydrogen bus in NEOM’s high-altitude Trojena, proving hydrogen works in extreme terrain.
Saudi Arabia plans to open the first part of its Neom megaproject this year. Sindalah, an island resort, is aimed at a luxury clientele and the global yachting community.