PIF confirms no NEOM project cancellations as spending is reshaped, with Oxagon prioritised and financing shifting toward ...

PIF governor Al-Rumayyan says spending is being reorganised to improve returns and funding efficiency. Saudi PIF denies NEOM ...

Saudi Arabia is betting half a trillion dollars on a cluster of giga projects so ambitious they've left engineers, investors, ...

Inside the hotel brands, tourism districts and infrastructure driving NEOM’s next chapter. NEOM’s hospitality future: What we ...

There have been ​no ⁠cancellations at NEOM so ‌far, but there are ​directives to reprioritise projects, Saudi ​Arabia's ...

Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” giga-project, according to public documents. South Korea-listed Hyundai Engineering & ...

Saudi Arabia is set to significantly scale back Neom, its flagship super-city project. According to reports, Saudi Crown Prince and Neom chairman Mohammed bin Salman now envisions a much smaller ...

A leading Saudi investment official said in a speech on Wednesday that infrastructure projects that were part of the ...

NEOM has been canceled so far, adding that the project company has been directed to reprioritize its plans. He ...

Saudi sovereign wealth fund governor Yasir Al-Rumayyan tells Al Arabiya that some NEOM projects have been delayed as ...

NEOM is being resized, not abandoned, as lower oil prices squeeze Saudi Arabia’s fiscal room. Riyadh is forced to reassess timelines and scale across its giga-projects despite Vision 2030 remaining ...

Rumayyan, Governor of the Public Investment Fund (PIF), says NEOM is being restructured to improve efficiency while ...