New Delhi: Saudi Arabia’s dream project Neom City seems to be in trouble. Semaphore reported in its report on Friday, July 18 ...

Kingdom's premier gigaproject could slash an estimated 20 percent of its workforce amid cost cutting, Semafor reports ...

Saudi Arabia is reportedly reassessing the scope and timeline of its $500-billion NEOM initiative, including the flagship ...

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

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.

Wynn Al Marjan Island’s casino, Saudi’s THE LINE, and Etihad Rail updates, this week’s roundup covers top stories shaping the ...

Saudi Arabia’s Royal Commission for Riyadh City (RCRC) has awarded an estimated $800m-$900m contract to build the next phase ...

Tim Callen, a visiting fellow at the Arab Gulf States Institute and a former IMF mission chief for Saudi Arabia, discusses ...

According to a recent news report, Saudi Arabian authorities are taking a closer look at the feasibility of that most ...

Brent crude prices currently at around $71 a barrel put fresh pressure on the kingdom’s finances. Bloomberg Economics ...

Saudi Arabia’s sovereign wealth fund has asked consultants to review the feasibility of its “The Line” gigaproject, Bloomberg ...

Saudi Arabia's PIF has asked consultants to conduct a review of the feasibility of megacity The Line, which Neom maintains is ...