When Saudi Arabia unveiled NEOM in 2017, it promised nothing short of a city from the future. Crown Prince Mohammed bin ...
KSA has shifted away from major construction projects toward clearer commercial returns under the Public Investment Fund’s ...
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 ...
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 ...
Saudi government to spend $16 billion on cancelling parts of troubled Neom megacity project: report - The Line, a ...
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 ...
Futuristic city once at the heart of Saudi Arabia’s transformation plan will spend more money to halt construction than on ...
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 ...
The Line, a 170-kilometre long and 2-kilometre wide megacity envisaged in the Saudi Arabian desert at the heart of the Neom ...
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 ...
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, ...