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Officials have brought in consultants to review the feasibility of The Line, a linear city in the middle of the desert.
More than 1,000 people may be moved and a further 1,000 laid off as part of a sweeping audit of the $500 billion project.
The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.
The name “NEOM” stands for the Greek “neos” (meaning “new”) and the Arabic word “mustaqbal” (meaning “future”), which stands ...
Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city ...
16hon MSN
New Delhi: Saudi Arabia’s dream project Neom City seems to be in trouble. Semaphore reported in its report on Friday, July 18 ...
Brent crude prices currently at around $71 a barrel put fresh pressure on the kingdom’s finances. Bloomberg Economics ...
MegaBuilds on MSN3d
Saudi Arabia's New $500BN NEOM MegaprojectsSaudi Arabia has announced plans for eight new projects in NEOM, creating the GULF OF AQABA, a new region within NEOM. This ...
Saudi Arabia's PIF has asked consultants to conduct a review of the feasibility of megacity The Line, which Neom maintains is ...
Saudi Arabia's PIF has launched a strategic review of The Line, NEOM's $500bn linear city, amid financial constraints and ...
The kingdom has been scaling back large-scale construction and investment projects amid rising costs and lower oil prices ...
Former Arsenal midfielder Granit Xhaka was linked with a move to Saudi Arabia as Neom SC were interested in the Switzerland ...
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