Neom, Saudi Arabia's high-tech desert city, is heading for a dialed-down first stage as costs soar
The authoritarian country is spending billions on international athletics, from Formula 1 to combat sports, to boost its bottom line and image.
Saudi Arabia is trying to build a mega-city in the desert. Now, Neom is dialing back plans for its first stage.
The authoritarian country is spending billions on international athletics, from Formula 1 to combat sports, to boost its ...
Exclusive: Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to hosting ...
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Italy's SACE to give $3 bln loan guarantee for Saudi NEOM project, source says
ROME, Nov 13 (Reuters) - Italy's state export credit agency SACE will provide loan guarantees worth 3 billion dollars for ...
Saudi Arabia's Neom replaces its CEO amid reports of delays and cutbacks
Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.
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The Line — a key part of Saudi Arabia's Neom project — is a visionary but flawed concept, urban planners say
Saudi Arabia is constructing a huge mirrored city in the desert called The Line. The parallel skyscrapers planned to stretch ...
CEO of Saudi Arabia’s Futuristic City Project Leaves Abruptly
Longtime CEO Nadhmi al-Nasr left Neom, Saudi Arabia’s marquee development, which has been plagued by delays, cost overruns ...