(Bloomberg) -- Saudi Arabia has asked consulting firms to conduct a strategic review of its ambitious plans for building a futuristic city known as The Line, according to several people familiar with ...

Xendee announces the expansion of their support of NEOM, the visionary project aiming to create sustainable cities in the Kingdom of Saudi Arabia. Initial objectives to achieve 100% renewable energy ...

Saudi Crown Prince Mohammed bin Salman’s ambitious plans for The Line, a one-of-a-kind linear city in the Saudi Arabian desert, look quite different moving forward. The Line, the centerpiece of the ...

Saudi Arabia is trying to diversify its economy away from oil under a plan called Vision 2030. Neom is one element, and its finance minister said the project is a "very long-term program." The kingdom ...

Saudi Arabia is embarking on a new project that defies belief. In addition to the 10,200-square-mile urban development, Neom, the country now has to finish 11 new soccer stadiums, expand four more, ...

Saudi has launched a global drive to bring in more investors and it wants to demonstrate progress. "Show, don't tell," says Neom. Saudi Arabia wants investors to know its ambitious Neom development is ...

The world’s largest real estate development, a project in the desert envisioned by Saudi Crown Prince Mohammed bin Salman, has welcomed its first residents, but the project is already more than three ...

We've been following the progress of the incredibly ambitious Neom project since its announcement in 2017, which includes a 105-mile-long, 660-ft-wide and 1,600-ft-tall megacity called The Line. Now ...

Saudi Arabia’s sovereign wealth fund has not cancelled any projects within its flagship NEOM development, though some have been delayed as priorities are reassessed, Public Investment Fund (PIF) ...

Saudi Arabia’s sovereign wealth fund saw a major write-down as investments in gigaprojects in the kingdom plummeted. The Saudi Public Investment Fund saw an $8 billion write-down at the end of last ...

Equinox announced a resort in Neom, the desert project in Saudi Arabia. The resort will feature high-end restaurants, a floating bridge, and 450-meter pool. Equinox opened its first hotel in 2019 in ...