Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” giga-project, according to public documents. South Korea-listed Hyundai Engineering & ...

Hyundai Engineering & Construction said a tunnel construction contract in NEOM awarded to a consortium led by the South ...

Saudi Arabia is scaling back its ambitious NEOM mega-project following contract cancellations and rising geopolitical tensions with Iran. The move highlights growing financial pressures on Vision 2030 ...

The future of The Line, the visionary urban project planned within the NEOM megacity, appears to have been scaled back to be ...

Saudi Arabia is scaling back Neom’s original mega-city vision and repositioning the project around industrial development and large data centers.

In this video, we're taking a look at the latest news and updates related to the NEOM construction project. This includes a breakdown of the latest construction updates, a list of the latest events ...

Saudi Arabia's ambitious NEOM 'The Line' megacity, a car-free, zero-carbon vision, faces revised timelines and budget recalibrations. While initial construction of a 2.4km segment is underway with ...

DUBAI, United Arab Emirates — Saudi Arabia's sovereign wealth fund is reassessing its flagship $500 billion futuristic city called The Line. Stream Connecticut News for free, 24/7, wherever you are.

DUBAI, United Arab Emirates — Saudi Arabia's sovereign wealth fund is reassessing its flagship $500 billion futuristic city called The Line. The public investment fund has tapped consulting firms to ...