The Line smart city is reportedly now being rethought as an AI data center, which the country expects to bring a greater short-term financial return, a move spurred by a financial review of NEOM ...
Companies have announced the cancellation of contracts to deliver work on Trojena and The Line as the Neom project in Saudi ...
By bnm Gulf bureau Saudi Arabian flagship mega resort Neom has served a termination notice on Malaysian structural steel ...
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Neom cancels $5bn Trojena dam and lake contract

Saudi Arabia’s Neom giga-project has terminated the contract to build three dams to create a freshwater lake at the Trojena ...
Saudi Arabia has cancelled key NEOM construction contracts amid rising costs and escalating tensions with Iran, forcing a strategic rethink. The futuristic mega-project, central to Vision 2030, is now ...
Saudi Arabia has started to scale back work on its planned futuristic ski resort, terminating two major construction ...
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 ...
Webuild has confirmed that its contract for major water infrastructure works at Trojena has been terminated by the client ...
Saudi Arabia’s NEOM cancels Eversendai Corporation’s steel contract, marking the latest disruption in its mega-projects after ...
Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. "All ...