NEOM Between Reduced Ambitions And Progress. When it comes to state-funded megaprojects, skepticism is in order, as more ...

DUBAI, United Arab Emirates — Saudi Arabia's sovereign wealth fund is reassessing its flagship $500 billion futuristic city called The Line. Stream Los Angeles News for free, 24/7, wherever you are.

Neom’s redesignation as a data center hub would add to the growing number of such projects approved for construction in Saudi ...

Nearly a decade ago, the Saudi crown prince promised to build a gleaming utopia on the coast of the Red Sea that would redefine how human beings lived and worked. But experts say the scaling back of ...

Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city known as The Line, according to several people familiar with the matter, as ...

Satellite view of construction progress at the Western portion of Neom, the Line, Saudi Arabia, 2023. [Photo: Gallo Images/Orbital Horizon/Copernicus Sentinel Data 2023] The scaling back follows years ...

From a 3.5GW US wind colossus to a data centre hybrid complex, these are the power plants coming online in 2026 to keep an ...

Saudi Arabia has had to scale back several ambitious development projects due to rising costs and falling oil prices.Kazakhstan will replace Saudi Arabia as the host the 2029 Asian Winter Games. The ...

Saudi Arabia's Public Investment Fund has tapped consulting firms to conduct a strategic review of plans for the 105-mile linear city. Neom did not detail what exactly the review would look into, but ...