See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Companies involved in the construction of several Saudi Arabian ...

The project covers 1.44 million square metres, includes 12,000 residential units and houses over 20,000 employees serving ...

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a ...

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 ...

When Saudi Arabia unveiled NEOM in 2017, it promised nothing short of a city from the future. Crown Prince Mohammed bin Salman presented the mega-project as the centrepiece of the kingdom's Vision ...

Add Yahoo as a preferred source to see more of our stories on Google. Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 ...

The world’s largest real estate development, a project in the desert envisioned by Saudi Crown Prince Mohammed bin Salman, has welcomed its first residents, but the project is already more than three ...

Saudi Arabia has replaced the CEO of its NEOM mega city project less than a year after the unveiling of the $500 billion venture billed as a regional Silicon Valley. Klaus Kleinfeld, appointed NEOM’s ...

Nov 19 (Reuters) - Italy's construction group Webuild (WBD.MI), opens new tab told Reuters on Tuesday its activities connected to Saudi Arabia's NEOM are continuing in line with the plan, after the ...

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's Olympic Committee and the Olympic Council of Asia agreed to postpone the 2029 Asian Winter Games, which the kingdom was to host at a showpiece mountain resort that forms part of its ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Saudi Arabia is changing plans for mega-city Neom to cut costs and prioritize building for ...