Saudi Arabia's plans ... skyscrapers called The Line, is running into major financial problems. As the Wall Street Journal reports, capital expenditure estimates to build Neom to what officials ...

Private yachts were moored nearby, and some of the biggest celebrities were in attendance as Saudi ... Building. But the scale has proved overwhelming. The original plan to build 16 km of The Line ...

But a draft presentation from last year obtained by the WSJ now pegs the final cost of Neom at $8.8T by 2080, more than 25 times the annual Saudi budget. The first phase is reportedly projected to ...

Orascom Construction and Técnicas Reunidas have signed a $2.6bn EPC contract for the 3GW Qurayyah IPP expansion project in ...

Saudi Arabia has promoted Neom as an extraordinary technology-based urban utopia, with its most famous component named ‘The Line.’ NEOM city is planned to be more than 500 meters tall ...

Saudi Arabia’s 170km-long desert city is in trouble. The futuristic, carbon-neutral Neom project is turning into financial quicksand. Crown Prince Mohammed bin Salman has staked his legacy on building ...

Saudi Arabia's plans for Neom ... long pair of 1,600-foot skyscrapers called The Line, is running into major financial problems. As the Wall Street Journal reports, capital expenditure estimates to ...