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

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

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.

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

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

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 ...

NEOM has exercised a “ termination for convenience ” to end Webuild’s contract for three dams meant to feed a freshwater lake ...

Saudi Arabia's plans to transform its economy were already facing headwinds when the Iran war broke out, placing them even ...

JEDDAH — Saudi Arabia has revived plans to develop the long-awaited Jeddah Metro, issuing a preliminary design consultancy tender for the project’s Blue Line, according to MEED. The tender was issued ...