News

The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.
Tim Callen, a visiting fellow at the Arab Gulf States Institute and a former IMF mission chief for Saudi Arabia, discusses ...
Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city ...
Brent crude prices currently at around $71 a barrel put fresh pressure on the kingdom’s finances. Bloomberg Economics ...
The kingdom has been scaling back large-scale construction and investment projects amid rising costs and lower oil prices ...
New Delhi: Saudi Arabia’s dream project Neom City seems to be in trouble. Semaphore reported in its report on Friday, July 18 ...
According to a recent news report, Saudi Arabian authorities are taking a closer look at the feasibility of that most ...
Saudi Arabia's PIF has asked consultants to conduct a review of the feasibility of megacity The Line, which Neom maintains is ...
Saudi Arabia’s Royal Commission for Riyadh City (RCRC) has awarded an estimated $800m-$900m contract to build the next phase ...
More than 1,000 people may be moved and a further 1,000 laid off as part of a sweeping audit of the $500 billion project.
Saudi Arabia’s sovereign wealth fund has asked consultants to review the feasibility of its “The Line” gigaproject, Bloomberg ...