Projects such as NEOM, The Line and winter resorts in desert regions were presented as symbols of a new economic era. Today, some of those plans are being reconsidered.

A decade ago, the Crown Prince of Saudi Arabia Mohammed bin Salman – or MBS as he is widely known – decreed a revisioning of ...

Saudi Arabia’s Neom giga-project has terminated the contract to build a high-speed rail line connecting Oxagon, its port and floating industrial zone, with The Line, the zero-carbon linear city. A €1.

NEOM ended its contract with Webuild for a high-speed rail connector, with a backlog of $1.16 billion ...

NEOM has terminated Webuild’s Connector High Speed Line contract in Tabuk, the Italian contractor has said, extending a ...

Saudi Arabia's high-tech NEOM has terminated Webuild's contract for the Connector High-Speed ​Line project in Tabuk, Italy's largest ‌construction company said on Thursday.

Saudi Arabia has halted issuing new contracts for western consultancies as the kingdom monitors the economic effects of the ...

Massive investments in AI-enabled infrastructure, smart cities, and connected operational systems are increasing demand for ...

The war with Iran has triggered a shift in Riyadh that is not merely geographical. Neom, Yanbu, and Jeddah are no longer just scenic elements of Vision 2030, but strategic infrastructures for survival ...

The collapse of Neom’s ambitions is costing Nepali labourers more than jobs — it is upending lives built around remittances ...

Saudi Arabia's Vision 2030 initiative is channelling over $900 billion through the Public Investment Fund into real estate and infrastructure projects. The economic diversification strategy has ...

Saudi Arabia has opened its real estate market to foreign freehold ownership for the first time, allowing international investors to purchase property outright in designated zones. The reforms permit ...