It was supposed to the most groundbreaking structure the world had ever seen. But now, this multi-trillion-dollar “smart city ...

NEOM has terminated Webuild’s Connector High Speed Line contract in Tabuk, the Italian contractor has said, extending a broader reshuffle across Saudi Arabia’s flagship development.

It was supposed to be the showcase of a country’s renewal, the symbol of its creative power and human ingenuity. But maybe ...

Saudi Arabia’s NEOM has delayed further work on The Line — the planned 170-kilometer long dual skyscrapers once projected to cost more than $1 trillion — until at least after 2030 as the kingdom’s ...

NEOM ended its contract with Webuild for a high-speed rail connector, with a backlog of $1.16 billion ...

The horizontal skyscraper sci-fi dream is now just a colossal crater in the desert. Saudi Arabia has halted construction on ...

NEOM has exercised its contractual right to withdraw from the Connector High-Speed Line project in Sharma, Saudi Arabia, a high-speed railway along the northern Red Sea coast where Webuild had reached ...

Projects such as NEOM, The Line and winter resorts in desert regions were presented as symbols of a new economic era. Today, ...

Saudi Arabia is set to significantly scale back Neom, its flagship super-city project. According to reports, Saudi Crown Prince and Neom chairman Mohammed bin Salman now envisions a much smaller ...

The move comes as the kingdom’s sovereign wealth fund, the Public Investment Fund, shifts its focus towards more commercially ...

May 21 (Reuters) - Saudi Arabia's high-tech NEOM has terminated Webuild's (WBD.MI), opens new tab contract for the Connector High-Speed Line project in Tabuk, Italy's largest ‌construction company ...

MBS's Vison 2030 project seemed the stuff of science fiction. Now reality has bitten ...