Neom – Latest stories from Nourish

a { color: #880000 !important; background: #ffeeee !important; } Latest News from NourishThe Nourish Mission (formerly OneSub)Get answers to today's big questionsWhy is Neom in the news at the moment?

Neom’s in the news as Saudi’s mega-project faces delays and scaling back, highlighting doubts over its massive costs and ambitious goals.

Stories involving Neom

Saudi Arabia Shifts Investment Focus

Saudi Arabia’s Public Investment Fund (PIF) plans to pivot from large real estate projects like NEOM to focus on logistics, minerals, AI, and religious tourism. The move aims to improve near-term returns amid delays and underperformance of previous giga-projects, with a new strategy expected soon.

Saudi Mega Projects Face Delays

Saudi Arabia's ambitious mega-projects, including The Line and NEOM, are experiencing delays and technical challenges. Construction halts, rising costs, and shifting priorities reflect economic pressures and technical hurdles, prompting a reassessment of the kingdom's diversification plans amid low oil prices and budget constraints.