Companies have announced the cancellation of contracts to deliver work on Trojena and The Line as the Neom project in Saudi ...
Arabian Gulf Business Insight on MSN

Neom cancels $5bn Trojena dam and lake contract

Saudi Arabia’s Neom giga-project has terminated the contract to build three dams to create a freshwater lake at the Trojena ...
By bnm Gulf bureau Saudi Arabian flagship mega resort Neom has served a termination notice on Malaysian structural steel ...
The Line smart city is reportedly now being rethought as an AI data center, which the country expects to bring a greater short-term financial return, a move spurred by a financial review of NEOM ...
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 ...
Webuild has confirmed that its contract for major water infrastructure works at Trojena has been terminated by the client ...
Trojena had been due to stage the Asian Winter Games in 2029, but Saudi Arabia pulled out of hosting in January ...
World Construction Network on MSN

Neom cancels The Line tunnels contracts

The tunnels formed part of the infrastructure backbone of Neom’s The Line project.
Neom's $10 billion joint venture with DSV has been delayed over missing regulatory approvals. The partnership was due to start in the second quarter of this year, per ShippingWatch. Despite the ...
Neom vloggers have been cropping up online to show off their lives in the desert city. But the posts reveal a less-glamorous reality of the developing Saudi city. Some mocked Saudi Arabia's future ...