Saudi Arabia's investments in construction and infrastructure projects over the last eight years have totaled $1.3 trillion, according to new analysis. As part of the country's attempt to diversify ...

Saudi Arabia is scaling back Neom's original mega-city vision and repositioning the project around industrial development and ...

Neom canceled a desalination project worth $1.5 billion, according to a report. It comes as Saudi Arabia reportedly plans on scaling back part of the project. Enowa, a Neom subsidiary, told Meed it's ...

Saudi Arabia’s futuristic city project Neom has announced the departure of long-time CEO Nadhmi Al-Nasr in an abrupt leadership reshuffle. The $500B project, a pillar of Crown Prince Mohammed bin ...

Saudi Arabia insists its Neom megacity project is on track. The Saudi economy minister told CNBC there was "no change in scale" for the project. The kingdom's been battling reports that its ambitious ...

Saudi Crown Prince Mohammed bin Salman’s ambitious plans for The Line, a one-of-a-kind linear city in the Saudi Arabian desert, look quite different moving forward. The Line, the centerpiece of the ...

Saudi has launched a global drive to bring in more investors and it wants to demonstrate progress. "Show, don't tell," says Neom. Saudi Arabia wants investors to know its ambitious Neom development is ...

Neom has said it wants five million visitors by 2030. For now, some projects are moving along, but it still has a lot of ground to make up. Executives at Saudi Arabia’s giga-project, Neom, have ...

Neom's initial $500 billion price tag has ballooned to trillions, leading to project scaling back and a focus on smaller, more achievable goals. Saudi Arabia's reliance on oil revenue and volatile oil ...