The future of The Line, the visionary urban project planned within the NEOM megacity, appears to have been scaled back to be ...
Arabian Gulf Business Insight on MSN

Neom terminates $1bn tunnel contract at heart of The Line

Saudi Arabia’s Neom has cancelled a roughly $1 billion tunnelling contract at the heart of its flagship “The Line” ...
The futuristic city is made up of twin mirrored skyscrapers about 650 feet apart. Architects and planners have long questioned the project's practicality and sustainability. The Line — a part of Neom ...
Saudi Arabia transforms its failed $50B linear city project into AI data centers, pivoting from urban fantasy to practical ...
Neom has cancelled the contracts related to the construction of the tunnel sections of The Line in northwest Saudi Arabia. In a stock exchange announcement filed on 13 March, South Korean contractor ...
Saudi Arabia is scaling back its ambitious NEOM mega-project following contract cancellations and rising geopolitical tensions with Iran. The move highlights growing financial pressures on Vision 2030 ...
Neom planners are worried about The Line as costs skyrocket, The Wall Street Journal reported. Planners are reportedly concerned the horizontal skyscraper's design might not appeal to some people. The ...
Saudi Arabia is scaling back Neom’s original mega-city vision and repositioning the project around industrial development and large data centers.
Some more details on Saudi Arabia's transformative Neom gigaproject have been revealed, including its ambitious timeline and how people will actually go about living in its incredible futuristic city, ...
The construction work currently underway in Saudi Arabia for the Neom giga-project is unprecedented, with buildings like the Line transforming the desert landscape at a remarkable pace. Now an expert ...