After years of cost overruns and delays, Saudi Arabia’s flagship futuristic megaproject, Neom, is set to be significantly ...

Sources tell Financial Times that ambitious desert city to be scaled back significantly and redesigned, as financial squeeze ...

Saudi Crown Prince Mohammed bin Salman’s flagship project Neom is set to be significantly downscaled and redesigned as a ...

Saudi Arabia’s NEOM has brought in a new tier of management to improve oversight of the more than $1 trillion project at the ...

The projects of Neom, such as the band city The Line, were excessively ambitious. The government of Saudi Arabia is shrinking ...

Saudi Arabia may significantly downscale its Neom project, particularly The Line city, citing financial pressures and slow ...

The ski village within Saudia Arabia’s flagship Neom megaproject is to be downscaled amid a wider rethink of the kingdom’s ambitious development drive, it has been reported ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s Olympic Committee and the Olympic Council of Asia have agreed to indefinitely postpone the 2029 Asian Winter Games, which were to have been held in a ...

After years of delays, rising costs and grand promises, Riyadh is rethinking the scale and purpose of its most ambitious ...

Saudi Arabia’s confirmation on delayed 2029 Asian Winter Games and a report that Neom is being scaled back raise doubts about ...

The ambitious megaproject is being scaled back, including a component that could be geared towards the AI boom.

The postponement marks a setback for the kingdom, which has committed to hosting several major events over the next decade.