Sources tell Financial Times that ambitious desert city to be scaled back significantly and redesigned, as financial squeeze hits Riyadh's flagship projects ...
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.
Saudi Arabia’s crown prince, Mohammed bin Salman, had positioned the initiative as a flagship national project. But after years of delays, a sweeping revision is nearing completion, and according to ...
After years of cost overruns and delays, Saudi Arabia’s flagship futuristic megaproject, Neom, is set to be significantly ...
Saudi Crown Prince Mohammed bin Salman’s flagship project Neom is set to be significantly downscaled and redesigned as a ...
Neom’s redesignation as a data center hub would add to the growing number of such projects approved for construction in Saudi ...
Neom nightmare: How Mohammed bin Salman’s dream of a ‘city of the future’ became a $500bn disaster - IN DEPTH: Nearly a ...
Saudi Arabia’s confirmation on delayed 2029 Asian Winter Games and a report that Neom is being scaled back raise doubts about Vision 2030.
The NEOM Green Hydrogen Project is an exception, continuing to advance toward completion because it aligns directly with ...
The decision to move the 2029 Asian Winter Games was necessitated by the realisation that Trojena, a project requiring a ...
The postponement marks a setback for the kingdom, which has committed to hosting several major events over the next decade.
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