Construction of the Neom region in northwest Saudi Arabia has so far cost more than $50 billion, according to the project's deputy CEO Rayan Fayez. Speaking during the World Economic Forum ...

But a draft presentation from last year obtained by the WSJ now pegs the final cost of Neom at $8.8T by 2080, more than 25 ...

Saudi Arabias ambitious Neom project, envisioned as a futuristic city in the desert, is facing severe financial and ...

Saudi Arabia’s 170-kilometer-long NEOM City project has hit a crisis. According to Crown Prince Salman’s dream project, NEOM aims to be a carbon-free city, but it is now stuck in a financial ...

Saudi Arabia’s 170km-long desert city is in trouble. The futuristic, carbon-neutral Neom project is turning into financial ...

A new WSJ report suggests that Saudi Arabia’s now eight-year-old Neom project — a futuristic, carbon-neutral, 105-mile-long linear city envisioned by Crown Prince Mohammed bin Salman — has ...

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 ...

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 ...

There was a lot of money originally committed to Neom, but that money didn’t take into consideration the Kingdom would win the bid for the 2029 Winter Games in Trojena. So now, with the whole ...

Project engineers have even gone so far as to relocate coral in an effort ... The latest public Google maps satellite images of Port of Neom, located in Oxagon, show that there's still quite ...