Saudi Arabia is scaling back its ambitious NEOM mega-project following contract cancellations and rising geopolitical ...
Arabian Gulf Business Insight on MSN
Neom terminates $1bn tunnel contract at heart of The Line
Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” ...
Hyundai Engineering & Construction said a tunnel construction contract in NEOM awarded to a consortium led by the South ...
The future of The Line, the visionary urban project planned within the NEOM megacity, appears to have been scaled back to be linked to the development of digital infrastructure and the AI industry.
Add Yahoo as a preferred source to see more of our stories on Google. The CEO of Neom, Nadhmi al-Nasr, has stepped down from the role after six years. Saudi Arabia's ambitious megacity scaled back ...
Companies involved in the construction of several Saudi Arabian megaprojects have been called on to examine their relationship with the nation amid significant human rights abuse allegations. Human ...
A new report details chaos and feuds among bosses working on the Saudi Arabian Neom project. The Wall Street Journal said two people working on the project got into a physical fight. Saudi Arabia is ...
The world’s largest real estate development, a project in the desert envisioned by Saudi Crown Prince Mohammed bin Salman, has welcomed its first residents, but the project is already more than three ...
“There won’t be a single supermarket,” Saudi crown prince Mohammad bin Salman told Bloomberg in 2017. “Zero. Nobody will go and buy things for their home. Everything will come to your house using ...
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 ...
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