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 ...

The MarketWatch News Department was not involved in the creation of this content. RIYADH, Saudi Arabia, July 24, 2024 /PRNewswire/ -- InterSystems, a creative data technology provider dedicated to ...

Saudi Arabia is betting its future on a wave of Vision 2030 developments, from NEOM and The Line to vast tourism and cultural districts funded by the Public Investment Fund. This video breaks down 13 ...

Saudi Arabia's vision for its sprawling Neom project has always been hugely ambitious — and costly. The financial realities have started to cause concern within the government, Bloomberg reported.

Construction of Saudi Arabia's Green Hydrogen Plant is said to be 90% complete, in the country's push towards carbon-free ...

Saudi Arabia has scaled back its ambitions for the Neom megacity project, reducing the population target from 1.5 million to 300,000 by 2030. The 170km straight-line city, known as The Line, is now ...

Authorities working on the largest construction site in the world have begun to review the scope and feasibility of the "gigaproject." Aiman al-Mudaifer, who took over as Neom's CEO after the ...

In 2022, Saudi Arabia announced one of its most ambitious endeavors to date: a sprawling ski resort in the heart of the dry Middle Eastern desert. It would feature ski slopes atop luxury hotel roofs, ...

NEOM Green Hydrogen Company (NGHC) and Fahd bin Sultan University today announced the signing of a strategic Memorandum of ...

We've seen a lot of crazy renders and heard big promises but now Saudi Arabia has finally delivered on the first part of its incredible Neom giga-project. Named Sindalah, it provides an ...

Traditionally, the relationship between the U.S. and the Middle East has been defined by oil and geopolitics. However, over the past few decades, another equally significant exchange has been taking ...

Saudi Arabia's Neom megaproject, home to the world's largest construction site, could soon layoff thousands of workers. Consulting firms were brought in by the Public Investment Fund to assess the ...