Arabian Gulf Business Insight on MSN

Neom uncertainty leaves $10bn joint venture in limbo

A multi-billion dollar joint venture between Saudi Arabia’s giga-project Neom and DSV, one of the world’s largest logistics groups, remains in limbo as tighter fiscal conditions force the kingdom to ...
NEOM Between Reduced Ambitions And Progress. When it comes to state-funded megaprojects, skepticism is in order, as more ...
Nearly a decade ago, the Saudi crown prince promised to build a gleaming utopia on the coast of the Red Sea that would redefine how human beings lived and worked. But experts say the scaling back of ...
Satellite view of construction progress at the Western portion of Neom, the Line, Saudi Arabia, 2023. [Photo: Gallo Images/Orbital Horizon/Copernicus Sentinel Data 2023] The scaling back follows years ...
From a 3.5GW US wind colossus to a data centre hybrid complex, these are the power plants coming online in 2026 to keep an ...
The landmark 1.5GW renewable-powered facility at Oxagon signals the Kingdom’s accelerating investment in AI infrastructure, sustainable computing and next-generation digital cities.