NEOM — the company developing the northwest corner of Saudi Arabia which is controlled by Public Investment Fund and chaired ...

May 21 (Reuters) - 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. The ...

Projects such as NEOM, The Line and winter resorts in desert regions were presented as symbols of a new economic era. Today, ...

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

The urban development project has often seemed pie-in-the-sky. A new "energy efficient" data center project promises more of the same. Reading time 2 minutes They say data is the new oil. If that’s ...

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

The move comes as the kingdom’s sovereign wealth fund, the Public Investment Fund, shifts its focus towards more commercially viable infrastructure projects such as ports, utilities and data centres.

RIYADH/DUBAI, April 22 (Reuters) - Saudi Arabia is to officially appoint Aiman al-Mudaifer as the chief executive of NEOM, the $500 billion mega-project at the heart of the kingdom's drive to ...

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 ...

Saudi Arabia is betting half a trillion dollars on a cluster of giga projects so ambitious they've left engineers, investors, and world leaders questioning what's actually possible. From a 170km ...

The construction work currently underway in Saudi Arabia for the Neom giga-project is unprecedented, with buildings like the Line transforming the desert landscape at a remarkable pace. Now an expert ...

DUBAI, United Arab Emirates — 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 ...