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 ...

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

Plans for Saudia Arabia's incredible series of mega projects, including a global trade hub, tourist resorts, and a linear ...

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 ...

Right now, green hydrogen doesn’t get larger than NEOM’s 2.2GW project in Oxagon – the industrial city located in the south of Saudi Arabia’s Project 2030 crown jewel development. As with everything ...

Denis Hickey, Chief Development Officer (CDO) at NEOM, said that over SAR 140 billion was spent on the infrastructure of the NEOM project so far. Speaking at the PIF Private Sector Forum, he added ...

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 ...

Neom Deputy CEO, Rayan Fayez, said during the panel: "It's important to highlight where we are today. "More than $50 billion has been spent so far building the basic infrastructure. "I want to ...