Project cancellation of Neom’s zero liquid discharge plant due to evolving water needs. Discover key details, investments, and plans. Neom’s Ambitious Desalination Plant Project Cancelled The joint development agreement (JDA) for a project aimed at developing a zero liquid discharge plant in Saudi Arabia’s Neom has expired without renewal, leading to the project’s cancellation, according to sources familiar with […]
South Korean builders remain cautious amid Middle East geopolitical risks, impacting procurement and labor costs during the region’s construction boom. South Korean builders are on high alert as geopolitical risks escalate across the Middle East, a region crucial for overseas projects. The rising instability could hinder their ability to capitalize on the region’s current construction boom.
Saudi Arabia’s ambitious The Line project will scale back to 1.5 miles by 2030 amid financial and ethical challenges, impacting Neom’s grand vision. The Line The Line, a highly ambitious megadevelopment in Saudi Arabia initially planned to span 105 miles of desert and house over 9 million people, is undergoing significant changes. Recent reports from The
Saudi Crown Prince Mohammed bin Salman is ready for “tough conversations” on recalibrating Vision 2030 and Neom projects amid financial challenges. MBS According to the Financial Times, Saudi Arabia’s Crown Prince Mohammed bin Salman (MBS) is reportedly open to having “tough conversations” about the future of his ambitious Vision 2030 project. The de-facto Saudi leader is expected
Explore Neom’s 262 unique job openings in Saudi Arabia’s ambitious futuristic city, from AI roles to sustainability and innovation positions. Saudi Arabia’s Neom Project Saudi Arabia is pushing ahead with its ambitious plans for Neom, a futuristic metropolis set to transform the northwestern region of Tabuk. Spread across 26,500 km², Neom is the flagship project of Crown
Uncover the dark secrets of Neom, Saudi Arabia’s £400 billion Megacity: shocking displacement and human rights violations plague this ambitious project. NEOM Neom, a futuristic megacity in Saudi Arabia, stands poised to transform a stretch of the desert into an unparalleled urban marvel. Spearheaded by Crown Prince Bin Salman and part of a £400 billion eco-project, The Line is envisioned as
Saudi Arabia’s Vision 2030 plans and the $500 billion Neom megaproject face challenges from escalating Middle East tensions, disrupting tourism goals and diplomatic strategies. Saudi Arabia’s ambitious Vision 2030 plans, including the $500 billion Neom megaproject, face significant challenges as conflict in the Middle East escalates. The Red Sea region, a focal point of Saudi Arabia’s tourism and development
Uncover how Saudi Arabia dominates global construction with a +72% activity rate, despite labor shortages. Explore the challenges and opportunities in this booming industry. Saudi Arabia is experiencing a construction boom unlike any other, positioning itself as a global leader in the industry, according to the latest findings from the Royal Institution of Chartered Surveyors
Saudi Arabia’s Neom megacity project progresses, with officials denying setbacks and asserting no changes in scale. Learn about Neom’s development, challenges, and Vision 2030 adjustments. NEOM In a resolute effort to dispel concerns, Saudi Arabia continues to assert that its ambitious Neom megacity project is progressing without hindrance. Despite various reports suggesting otherwise, the Saudi economy minister recently confirmed
NEOM secures SAR 10 billion revolving credit facility, advancing major projects under Saudi Vision 2030. Key banks support NEOM’s strategy to diversify funding sources. In a significant advancement towards its developmental goals, NEOM has successfully secured a new revolving credit facility (RCF) valued at SAR 10 billion. This strategic financial maneuver underscores NEOM’s commitment to