Saudi Arabia is still spending big on Neom, its megacity in the desert. The country's Vision 2030 projects have now reached $1.3 trillion in value, per Bloomberg. The cost of the project has ...

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

Saudi Arabia is planning a zero-carbon region called The Line in its Neom development project. Neom is working with Volocopter on electric flying taxis for transportation. While it's promoting ...

Saudi Arabia froze Red Sea resort expansion to fund Project Transcendence, a $100B AI initiative. The capital shift mirrors a ...

In the northwest corner of Saudi Arabia, along the pristine shores of the Red Sea, a bold experiment is unfolding, one that promises to reshape not only the future of urban development, but the very ...

Saudi Arabia is reportedly getting ready to slash Neom's budget. The megaproject is expected to get 20% less than its target funding, Bloomberg reported. Saudi Arabia has been struggling to justify ...

Saudi Arabia's massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces ...

In news that will probably be greeted with "well, duh," Saudi Arabia's incredibly ambitious plan to transform its country with the Neom gigaproject is costing more than expected. It's the scale that's ...

Neom's initial $500 billion price tag has ballooned to trillions, leading to project scaling back and a focus on smaller, more achievable goals. Saudi Arabia's reliance on oil revenue and volatile oil ...

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 ...

Neom is being marketed as a cutting-edge smart city, but critics say it's at a big expense. NEOM/AFP via Getty Images Crown Prince Mohammed bin Salman’s in-the-works Saudi Arabian megadevelopment is ...

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