Saudi Arabia’s ambitious NEOM megaproject, valued at $1.5 trillion, is not scaling back its plans, according to Economy Minister Faisal Al Ibrahim. Addressing recent speculation at the World Economic ...
Since its announcement in 2017, NEOM and its futuristic flagship projects - horizontal, glass-clad mega-city, THE LINE, and clean-industry hub, Oxagon - have dominated headlines, inciting intrigue ...
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 ...
In 2017, Crown Prince Mohammed bin Salman Al Saud (MBS) announced audacious plans to build an extraordinarily ambitious 10,200-square-mile (26,500-sq-km) urban area called Neom at the northern tip of ...
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