In the northwest corner of Saudi Arabia, along the pristine shores of the Red Sea, a bold experiment is unfolding, one that promises to reshape not only the future of urban development, but the very ...

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 ...

Saudi Arabia is planning a zero-carbon region called The Line in its Neom development project. Neom is working with Volocopter on electric flying taxis for transportation. While it's promoting ...

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 ...

Saudi Arabia is reportedly getting ready to slash Neom's budget. The megaproject is expected to get 20% less than its target funding, Bloomberg reported. Saudi Arabia has been struggling to justify ...

Saudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. "All ...

Saudi Arabia's massive Neom megaproject, a multi-trillion dollar plan to develop a swathe of land the size of Massachusetts, has replaced its CEO in a significant reshuffling as the kingdom faces ...

In news that will probably be greeted with "well, duh," Saudi Arabia's incredibly ambitious plan to transform its country with the Neom gigaproject is costing more than expected. It's the scale that's ...

"We do not tolerate breaches of our Code of Conduct and have adopted a zero-tolerance approach to discrimination and harassment in all forms." By Georg Szalai Global Business Editor Veteran arts and ...