Three service companies announce the cancellation of their projects with Neom in its city and ski resort. The Malaysian steel ...
The Line smart city is reportedly now being rethought as an AI data center, which the country expects to bring a greater short-term financial return, a move spurred by a financial review of NEOM ...
World Construction Network on MSN

Neom cancels The Line tunnels contracts

The tunnels formed part of the infrastructure backbone of Neom’s The Line project.
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 ...
Satellite view of construction progress at the Western portion of Neom, the Line, Saudi Arabia, 2023. [Photo: Gallo Images/Orbital Horizon/Copernicus Sentinel Data 2023] The scaling back follows years ...
Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET Saudi Arabia's Public Investment Fund has tapped consulting firms to conduct a strategic review of plans for the 105-mile linear city. Neom did ...
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 ...
It was always doomed to unravel, but the firms who lent their name to this folly should be held accountable. Of all of contemporary architecture’s many sins, perhaps the most pernicious is its ...
Uncover the challenges facing NEOM's Line project: ambitious urban design meets harsh financial and physical realities.
Saudi Arabia is reassessing the scope and timeline of its $500-billion NEOM initiative, according to Bloomberg and CNBC, with officials reportedly reviewing key components of The Line in response to ...
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 ...