Saudi Arabia is set to significantly scale back Neom, its flagship super-city project. According to reports, Saudi Crown Prince and Neom chairman Mohammed bin Salman now envisions a much smaller ...

Faisal Alibrahim, Saudi's economy minister, told CNBC the country was "reprioritizing a little bit towards sectors that need it the most." It comes after Riyadh launched an ambitious strategy, "Vision ...

MBS's Vison 2030 project seemed the stuff of science fiction. Now reality has bitten ...

Start a conversation with TipRanks’ trusted, data-backed investment intelligence Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds Webuild SpA ( ...

Dublin, March 06, 2025 (GLOBE NEWSWIRE) -- The "Saudi Giga Projects 2025" report has been added to ResearchAndMarkets.com's offering. The Saudi construction market is experiencing a major ...

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 ...

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 ...

It appears that Neom—Saudi Arabia’s hugely expensive, architecturally bizarre urban development project—is floundering and close to collapse. A new report from the Financial Times cites high-level ...

Saudi Arabia is rethinking its megadevelopment Neom and the biggest shift may be away from sci-fi urbanism and toward something far more familiar to global real estate players: data centers. As a year ...