Several firms have announced the cancellation of contracts supporting Saudi Arabia's NEOM megaproject.

While the original engineering plan for this new destination required 3 dams to create a continuous body of water, as of late ...

Neom has terminated its contract with Italian contractor Webuild for the construction of three dams feeding a freshwater lake ...

Saudi Arabia’s NEOM cancels Eversendai Corporation’s steel contract, marking the latest disruption in its mega-projects after ...

NEOM, backed by the kingdom’s Public Investment Fund (PIF), has exercised a “termination for convenience” clause on the ...

Uncover the challenges facing NEOM's Line project: ambitious urban design meets harsh financial and physical realities.

Across the GCC, construction and real estate are undergoing a quiet but consequential shift as digital technologies move from pilot-stage experimentation to system-wide adoption. Long characterised by ...

Saudi Arabia is scaling back its ambitious NEOM mega-project following contract cancellations and rising geopolitical ...

US investors Patel Family Office and Saudi industrial conglomerate signed historic partnership agreement at FII PRIORITY Miami MIAMI--(BUSINESS WIRE)--March 30, 2026-- Patel Family Office, a US ...

The Line, a gleaming skyscraper that was set to run through the vast Saudi desert, is facing further hurdles as war in the ...

Patel Family Office, a US investment enterprise, and Abdel Hadi A. Al-Qahtani & Sons [AHQ], a Saudi industrial conglomerate, have signed a USD $1 billion deal to establish AYARA, a vertically ...

Following the termination of its Trojena contract, Eversendai said Middle East operations remain stable with a robust order and tender pipeline ...