Saudi Arabia News - Gulf Insider
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www.gulf-insider.comThe Line megacity was seen at leadership sessions as consultants reassess its viability amid slumping oil revenue; Under new leadership delays push completion past initial targets. Unveiled as part of Vision 2030 with a 170-km car-free design aimed for up to 1.5 million residents by 2030; early updates show a far smaller population with limited progress in early construction. Funding constraints driven by fluctuating oil revenue and leadership changes at NEOM contributed to a scaled-back outlook and revised milestones.
Get the latest updates on Saudi Arabia from Gulf Insider.
www.gulf-insider.comSaudi Arabia's The Line project in NEOM has been suspended by several years, and work now won't start until beyond 2030. This is rough.
onemileatatime.comConsultants hired by the Public Investment Fund will reassess the zero-carbon city's viability under tightened budgets driven by slumping oil revenue.
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