Saudi hydrogen projects — part of the country's Vision 2030 program — risk suffering from sunk costs and delayed sales ...

His new mandate includes oversight of NEOM’s strategic direction and delivery across multiple development zones, including THE LINE, Oxagon, Trojena, Magna and Sindalah. In February, the chief ...

Neom climate advisor Donald Wuebbles has warned that The Line city in Saudi Arabia could alter local weather patterns. Speaking to newspaper Financial Times, Wuebbles explained how he had informed ...

Ryan Knutson: In the end, the plans for Neom roughly coalesced around five key developments, each with an appropriately dramatic name. There was Magna, Neom's string of luxury beachfront hotels.

Initially, its promoters were looking to attract $500 billion in public and private capital, but Neom is reportedly having a hard time getting the money. The delays and cost overruns kept mounting ...

Neom is the flagship project of Saudi Arabia’s Vision 2030, an initiative aimed at transforming the country’s economy. It comprises several zones: Magna, Oxagon, Sindalah, Trojena, and The ...

Saudi Arabia’s Neom, the megacity being developed on the Red Sea coast, secured a $5 billion investment from a local firm to establish an AI data center. The deal with Saudi-based DataVolt will ...

Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. Neom's plans include a stadium for the 2034 World Cup and a winter sports resort. The new city faces financial ...

Saudi Arabia has replaced the CEO of the $500bn futuristic NEOM city, which is central to ... Similarly, construction at the luxury destination dubbed Magna is expected to start in 2027.

mountain resort Trojena and luxury beach resorts of Magna and The Islands of Neom. Al-Nasr had been with the Neom since 2018, as the project was taking shape. His departure follows news in recent ...

THE LINE, Phase One Strategic Partners. Image Courtesy of NEOM This partnership is integral to NEOM's objective of establishing a successful design framework, supported by methodologies to realize ...

A series of day-in-the-life vlogs from mom influencers on TikTok tried to paint Saudi Arabia’s mega project as a desert paradise. The internet had other opinions. A group of influencers ...