Originally envisioned as an extravagant 105-mile-long smart city, the Line is reportedly shrinking into a pragmatic data ...
THE future of a $2trillion vanity project is hanging by a thread as Saudi leaders question the cost of building the bizarrely ...
World Construction Network on MSN
Saudi Arabia’s $500bn Neom project poised to undergo revision
Officials weigh scaling back the futuristic city amid funding pressures, delays and environmental concerns over the project.
Sources tell Financial Times that ambitious desert city to be scaled back significantly and redesigned, as financial squeeze ...
Saudi Arabia may significantly downscale its Neom project, particularly The Line city, citing financial pressures and slow ...
Saudi Arabia’s confirmation on delayed 2029 Asian Winter Games and a report that Neom is being scaled back raise doubts about ...
Unsurprisingly, when Saudi Arabian Crown Prince Mohammad bin Salman proposed building a 110-mile horizontal urban “skyscraper ...
Saudi Crown Prince Mohammed bin Salman’s flagship project Neom is set to be significantly downscaled and redesigned as a ...
Five years ago, initial plans for a 100-mile futuristic city called The Line were made public, with Saudi Arabia claiming that it would be complete by 2030. Neom, a construction company in the Middle ...
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 ...
The kingdom has also raised billions of US dollars from bond sales in recent years Read more at The Business Times.
The postponement marks a setback for the kingdom, which has committed to hosting several major events over the next decade.
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