KSA has shifted away from major construction projects toward clearer commercial returns under the Public Investment Fund’s ...
The project covers 1.44 million square metres, includes 12,000 residential units and houses over 20,000 employees serving ...
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 ...
Sindalah, the luxury island destination and first physical showcase of NEOM, has been unveiled by the NEOM Board of Directors ...
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 ...
The Crown Prince of Saudi Arabia’s dreams of a glittering, futuristic city spanning his nation’s desert have come crashing down. The futuristic, carbon-neutral Neom project has long been touted as an ...
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 ...
Arabian Gulf Business Insight on MSN

Neom exit hasn’t derailed Webuild Saudi plans, CEO says

A major Neom contractor has stopped work on the Saudi giga-project but still intends to expand in the kingdom, as Riyadh redirects spending towards transport, infrastructure and plans with clearer ...
Work on The Line in Saudi Arabia has been put on pause until at least 2030, per reporting in Semafor. Construction will also temporarily stop on Trojena, a mountain resort city. The pivot is a ...
NEOM — The Port of NEOM is fully operational and actively receiving and moving complex cargo through its multi‑purpose terminal, NEOM announced on Sunday. The Port’s infrastructure and operating ...