The estimated cost of Saudi Arabia's Neom megaproject has soared from its original $500 billion (£386 billion) to a staggering $8.8 trillion (£6.8 trillion). Neom is an urban area being built in ...

Saudi Arabia’s 170km-long desert city is in trouble. The futuristic, carbon-neutral Neom project is turning into financial quicksand. Crown Prince Mohammed bin Salman has staked his legacy on ...

Satellite images obtained by Business Insider show work on Saudi Arabia's Neom project. Images appear to show a major palace for Saudi Arabia's ruler, Mohammed bin Salman. The palace has private ...

Neom, the £1.2 trillion ambitious mega-city in Saudi Arabia, has already cost £40 billion, according to the project deputy CEO. Neom and the Line were discussed at the World Economic Forum's ...

Neom's board of directors announced on Tuesday the appointment of Aiman Al-Mudaifer as acting CEO of the company following the unexpected departure of Nadhmi Al-Nasr, who was put in charge of the ...

NEOM, an extensive development project underway in Saudi Arabia’s Tabuk province, aims to build a fully sustainable society. “We hope to demonstrate to the world how true sustainable living ...

Located on the Red Sea, the Port of Neom has transformed since launching in August 2022. Part of Saudi Arabia’s NEOM project, it sits within Oxagon, a sustainable, high-tech industrial port city ...