Three service companies announce the cancellation of their projects with Neom in its city and ski resort. The Malaysian steel ...

Saudi Arabia’s Neom giga-project has terminated the contract to build three dams to create a freshwater lake at the Trojena mountain destination. The contract was awarded to the Italian contractor ...

Webuild has confirmed that its contract for major water infrastructure works at Trojena has been terminated by the client ...

NEOM is scaling back on key contracts, revealing challenges in delivering its Vision 2030 ambitions and reshaping Saudi ...

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 ...

While the original engineering plan for this new destination required 3 dams to create a continuous body of water, as of late ...

Saudi Arabia’s NEOM cancels Eversendai Corporation’s steel contract, marking the latest disruption in its mega-projects after ...

Add Yahoo as a preferred source to see more of our stories on Google. “There won’t be a single supermarket,” Saudi crown prince Mohammad bin Salman told Bloomberg in 2017. “Zero. Nobody will go and ...

Several firms have announced the cancellation of contracts supporting Saudi Arabia's NEOM megaproject.

Saudi Arabia will significantly downscale the construction of the futuristic development Neom after concerns were raised by government officials over costs and repeated delays, according to a report.

NEOM Green Hydrogen Company has reached a historic milestone by securing financial close on the world’s largest green hydrogen production plant. This is a pioneering project costing USD 8.4 billion ...

“There won’t be a single supermarket,” Saudi crown prince Mohammad bin Salman told Bloomberg in 2017. “Zero. Nobody will go and buy things for their home. Everything will come to your house using ...