Companies have announced the cancellation of contracts to deliver work on Trojena and The Line as the Neom project in Saudi ...
Uncover the challenges facing NEOM's Line project: ambitious urban design meets harsh financial and physical realities.
Several firms have announced the cancellation of contracts supporting Saudi Arabia's NEOM megaproject.
Webuild has confirmed that its contract for major water infrastructure works at Trojena has been terminated by the client ...
Neom has terminated its contract with Italian contractor Webuild for the construction of three dams feeding a freshwater lake ...
NEOM, backed by the kingdom’s Public Investment Fund (PIF), has exercised a “termination for convenience” clause on the ...
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 ...
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 Line, a gleaming skyscraper that was set to run through the vast Saudi desert, is facing further hurdles as war in the ...
Trojena had been due to stage the Asian Winter Games in 2029, but Saudi Arabia pulled out of hosting in January ...
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 ...
Saudi Arabia has started to scale back work on its planned futuristic ski resort, terminating two major construction ...