Saudi Crown Prince Mohammed bin Salman’s flagship project Neom is set to be significantly downscaled and redesigned as a ...

Sources tell Financial Times that ambitious desert city to be scaled back significantly and redesigned, as financial squeeze ...

Saudi Arabia’s NEOM has brought in a new tier of management to improve oversight of the more than $1 trillion project at the ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s Olympic Committee and the Olympic Council of Asia have agreed to ...

The postponement marks a setback for the kingdom, which has committed to hosting several major events over the next decade.

Saudi Arabia ‘scales back plans for 100-mile desert megacity’ after concerns raised over billions spent - A Saudi official said last year that the government had ‘spent too much’ on its flagship proje ...

Saudi Arabia’s confirmation on delayed 2029 Asian Winter Games and a report that Neom is being scaled back raise doubts about ...

The ambitious megaproject is being scaled back, including a component that could be geared towards the AI boom.

The projects of Neom, such as the band city The Line, were excessively ambitious. The government of Saudi Arabia is shrinking ...

This comes as NEOM awaits the outcome of a strategic review launched last year that is expected to result in the project’s ...

Saudi Arabia may significantly downscale its Neom project, particularly The Line city, citing financial pressures and slow ...