Arabian Gulf Business Insight on MSN

Neom uncertainty leaves $10bn joint venture in limbo

A multi-billion dollar joint venture between Saudi Arabia’s giga-project Neom and DSV, one of the world’s largest logistics groups, remains in limbo as tighter fiscal conditions force the kingdom to ...
Neom, the insane urban development project in Saudi Arabia, appears to be sinking faster than the giant holes they keep ...
DUBAI, United Arab Emirates — Saudi Arabia's sovereign wealth fund is reassessing its flagship $500 billion futuristic city called The Line. Stream Los Angeles News for free, 24/7, wherever you are.
Nearly a decade ago, the Saudi crown prince promised to build a gleaming utopia on the coast of the Red Sea that would redefine how human beings lived and worked. But experts say the scaling back of ...
Saudi Arabia’s futuristic city project Neom has announced the departure of long-time CEO Nadhmi Al-Nasr in an abrupt leadership reshuffle. The $500B project, a pillar of Crown Prince Mohammed bin ...
The landmark 1.5GW renewable-powered facility at Oxagon signals the Kingdom’s accelerating investment in AI infrastructure, sustainable computing and next-generation digital cities.
The construction work currently underway in Saudi Arabia for the Neom giga-project is unprecedented, with buildings like the Line transforming the desert landscape at a remarkable pace. Now an expert ...
Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city known as The Line, according to several people familiar with the matter, as ...
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 ...
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Now that they know about the staggering number of deaths the Saudi megaproject has caused, architects have absolutely no more excuses. Visitors gather at Green Riyadh, one of many Saudi Vision 2030 ...