In the meeting, the leaders discussed the challenges facing the region amid the current clashes with Iran.
The Line, a gleaming skyscraper that was set to run through the vast Saudi desert, is facing further hurdles as war in the ...
Explore the ambitious developments of NEOM, Saudi Arabia's futuristic megacity with a $500 billion price tag. Key projects ...
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 ...
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 "Saudi Arabia Ready Meals - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)" has been added to ResearchAndMarkets.com's offering. The Saudi Arabian Ready Meals ...
FC Barcelona continue to keep an eye on young talent with potential across the globe, with the view of signing them early and ...
Hyundai Engineering and Construction said a tunnel construction contract in NEOM awarded to a consortium led by the South Korean builder and Samsung CandT has been terminated, according to a regulator ...
When U.S. and Israeli strikes on Iran began on February 28, President Trump told CNN that Gulf states “were going to be very ...
Jeffrey Zekauskas JPMorgan Chase & Co, Research Division. Hi, good morning. I'm Jeff Zekauskas. I analyze chemicals for JPMorgan. This morning, it's my pleasure to introduce the m ...
From Dubai to Doha, it’s going to take more than the usual glitz to restore confidence in tourism and the airlines of the Gulf states.