Saudi Arabia's Neom megaproject, home to the world's largest construction site, could soon layoff thousands of workers.

Launched in 2017, NEOM has been a flagship initiative of Crown Prince Mohammed bin Salman, envisioned as a high-tech ...

A unit of the country’s public investment fund tapped consulting firms to take a look at plans for The Line, with a likely ...

Saudi Arabia’s NEOM project is one of the most ambitious—and controversial—megaprojects in the world. With a budget of $500 ...

The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.

Saudi Arabia’s sovereign wealth fund has asked consultants to review the feasibility of its “The Line” gigaproject, Bloomberg reported on Monday. The Public Investment Fund has asked unnamed firms ...

This week’s roundup covers key industry updates—from NEOM staff layoffs and women leading progress in construction, to new CW ...

Saudi Arabia's massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces ...

Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort.

Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans.

Saudi Arabia’s planned mega-city NEOM has secured $5.60 billion (21 billion riyals) in financing and finalized contracts to develop the first phase of housing expansion for its workforce, it ...

NEOM, the highly anticipated futuristic region in northwest Saudi Arabia by the Red Sea that is currently being developed has announced the opening of NEOM Media Village and Bajdah Desert Studios.