Neom’s redesignation as a data center hub would add to the growing number of such projects approved for construction in Saudi Arabia. According to S&P Global, the megawatt load for data centers in the ...

Sources tell Financial Times that ambitious desert city to be scaled back significantly and redesigned, as financial squeeze ...

The ambitious megaproject is being scaled back, including a component that could be geared towards the AI boom.

Officials weigh scaling back the futuristic city amid funding pressures, delays and environmental concerns over the project.

Despite Trojena’s cooler high-altitude climate at NEOM, limited snowfall and challenging terrain pose significant engineering and logistical hurdles ...

The postponement marks a setback for the kingdom, which has committed to hosting several major events over the next decade.

Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET Saudi Arabia's Public Investment Fund has tapped consulting firms to conduct a strategic review of plans for the 105-mile linear city. Neom did ...

Faisal Alibrahim, Saudi's economy minister, told CNBC the country was "reprioritizing a little bit towards sectors that need it the most." It comes after Riyadh launched an ambitious strategy, "Vision ...

DUBAI (Reuters) -Saudi Arabia has confirmed Aiman al-Mudaifer as the CEO of NEOM, the $500 billion mega-project central to Crown Prince Mohammed bin Salman's Vision 2030 plan to overhaul the kingdom's ...

Located on the Red Sea, Port of Neom has undergone a significant transformation since it began operations in August of 2022. Situated within Oxagon, a sustainable, futuristic, high-tech industrial ...