The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda.

More than 1,000 people may be moved and a further 1,000 laid off as part of a sweeping audit of the $500 billion project.

The name "NEOM" stands for the Greek "neos" (meaning "new") and the Arabic word "mustaqbal" (meaning "future"), which stands for "new future." ...

New Delhi: Saudi Arabia’s dream project Neom City seems to be in trouble. Semaphore reported in its report on Friday, July 18 ...

Saudi Arabia is reportedly reassessing the scope and timeline of its $500-billion NEOM initiative, including the flagship ...

Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city ...

Saudi Arabia's PIF has launched a strategic review of The Line, NEOM's $500bn linear city, amid financial constraints and ...

The kingdom has been scaling back large-scale construction and investment projects amid rising costs and lower oil prices ...

Saudi Arabia’s sovereign wealth fund has asked consultants to review the feasibility of its “The Line” gigaproject, Bloomberg ...

Kingdom's premier gigaproject could slash an estimated 20 percent of its workforce amid cost cutting, Semafor reports ...

Saudi Arabia's PIF has asked consultants to conduct a review of the feasibility of megacity The Line, which Neom maintains is ...

How does the Gulf State ensure its teams continue to improve and compete with European sides, as Al Hilal just did in the ...