Arabian Gulf Business Insight on MSN
Neom terminates $1bn tunnel contract at heart of The Line
Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” ...
Saudi Arabia is scaling back its ambitious NEOM mega-project following contract cancellations and rising geopolitical tensions with Iran. The move highlights growing financial pressures on Vision 2030 ...
Neom has cancelled the contracts related to the construction of the tunnel sections of The Line in north-west Saudi Arabia, WCN’s sister publication, MEED, reports. In a stock exchange announcement ...
Hyundai Engineering & Construction said a tunnel construction contract in NEOM awarded to a consortium led by the South ...
The Line, a gleaming skyscraper that was set to run through the vast Saudi desert, is facing further hurdles as war in the Middle East rages ...
OilPrice.com on MSN
Saudi Arabia's Dream of a Futuristic Mega-City Collides With Reality
Saudi Arabia is scaling back Neom's original mega-city vision and repositioning the project around industrial development and large data centers.
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