The project was estimated to cost around $1 trillion but new projections have seen this figure massively increase. Seemingly ...

Now Saudi Arabia, with its wealth inextricably linked to oil revenues, faces mounting pressure to raise debt or cut spending after the plunge in crude prices. Neom's skyrocketing costs have ...

Saudi Arabia's futuristic Neom project has signed a deal to develop a multibillion-dollar artificial intelligence data center, per a Saudi Press Agency report. Under the agreement with DataVolt ...

Saudi Arabia is building a futuristic mega-city 33 times the size of New York City from scratch. Saudi officials describe it as "the world's most ambitious project." It's called Neom, a planned 16 ...

DONALD Trump’s sweeping new tariffs could be the final nail in the coffin for Saudi Arabia’s Neom. The wildly ambitious, scandal-plagued mega-city is now hurtling toward financial meltdown ...