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

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

Saudi Arabia plans to significantly scale back and redesign its Neom megaproject after delays and cost overruns, the ...

THE future of a $2trillion vanity project is hanging by a thread as Saudi leaders question the cost of building the bizarrely shaped desert city. The Line was first planned as a 100-mile string of ...

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

The city was set to house 9 million people and would operate without roads, cars or emissions. Officials said it would run on ...

Saudi Arabia’s NEOM has brought in a new tier of management to improve oversight of the more than $1 trillion project at the same time that it is carrying out a wave of layoffs at the site, which has ...

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

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 ...

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 ...

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

New satellite images obtained by Business Insider via US space company Maxar Technologies have revealed the gigantic complex, which appears to feature at least 16 buildings (plus other buildings in ...