NEOM project

The future Site of the city Neom, a planned cross-border city, stands empty before development begins in the Tabuk Province of northwestern Saudi Arabia, December 18, 2019. Picture taken December 18, 2019. Photo: REUTERS/Lucas Jackson/File Photo

Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects

Crown Prince Mohammed bin Salman, known as MbS, has poured hundreds of billions of dollars into development projects through the kingdom's PIF sovereign wealth fund

A rendering of The Line, which developers say will be a key part of Saudi Arabia's Neom project. Image: NEOM

World+Biz

Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject

Sports

Saudi Arabia wins bid to host 2029 Asian Winter Games at NEOM

General view of NEOM in northwestern Saudi Arabia, January 11, 2021. Picture taken January 11, 2021. REUTERS/Hamad I Mohammed/Files

Middle East

Saudi crown prince touts vertical living in NEOM's zero-carbon city

Saudi Arabia's Crown Prince Mohammed bin Salman speaks during the Gulf Cooperation Council's (GCC) 41st Summit in Al-Ula, Saudi Arabia January 5, 2021. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS

World+Biz

Saudi prince pushes on with $500 billion megacity as US points the finger over Khashoggi killing

A handout picture provided by the Saudi Royal Palace shows Saudi Crown Prince Mohammed bin Salman launching 'The Line', a green city that can accomodate about one million people, at NEOM, an area in the north-west of the kingdom currently under development.

World+Biz