Saudi Arabia is still spending big on Neom, its megacity in the desert. The country's Vision 2030 projects have now reached $1.3 trillion in value, per Bloomberg. The cost of the project has ...
Saudi Arabia's vision for its sprawling Neom project has always been hugely ambitious — and costly. The financial realities have started to cause concern within the government, Bloomberg reported.
Construction of Saudi Arabia's Green Hydrogen Plant is said to be 90% complete, in the country's push towards carbon-free ...
Saudi Arabia has scaled back its ambitions for the Neom megacity project, reducing the population target from 1.5 million to 300,000 by 2030. The 170km straight-line city, known as The Line, is now ...
In 2022, Saudi Arabia announced one of its most ambitious endeavors to date: a sprawling ski resort in the heart of the dry Middle Eastern desert. It would feature ski slopes atop luxury hotel roofs, ...
Authorities working on the largest construction site in the world have begun to review the scope and feasibility of the "gigaproject." Aiman al-Mudaifer, who took over as Neom's CEO after the ...
The MarketWatch News Department was not involved in the creation of this content. RIYADH, Saudi Arabia, July 24, 2024 /PRNewswire/ -- InterSystems, a creative data technology provider dedicated to ...
NEOM Green Hydrogen Company (NGHC) and Fahd bin Sultan University today announced the signing of a strategic Memorandum of ...
If you follow motorsports you've probably seen the word "Neom" somewhere. It's pretty prevalent in trackside billboards, and it is the title sponsor of McLaren's Formula E and Extreme E efforts. You ...
A series of day-in-the-life vlogs from mom influencers on TikTok tried to paint Saudi Arabia’s mega project as a desert paradise. The internet had other opinions. A group of influencers (primarily ...
Traditionally, the relationship between the U.S. and the Middle East has been defined by oil and geopolitics. However, over the past few decades, another equally significant exchange has been taking ...
Saudi Arabia's Neom megaproject, home to the world's largest construction site, could soon layoff thousands of workers. Consulting firms were brought in by the Public Investment Fund to assess the ...