Saudi Arabia wants big spenders for the first part of its Neom megaproject

Rabih Alenezi told BBC News he was ordered to evict people living on the land to make way for part of The Line, one of Neom's megaprojects. Saudi Arabia has high hopes for its Neom megaproject.Franck Fife/AFP/Getty Ima.....»»

The pool planned for the Treyam region of Saudi Arabia's Neom megaproject will be 1,500 feet long and suspended 220 feet above the sea if comple.....»»

Saudi Arabia has high hopes for its Vision 2030 projects such as Neom, but their long-term prospects will require an end to regional conflicts......»»

Saudi Arabia's economy minister told CNBC there was "no change in scale" for its Neom project. The planned des.....»»

Neom officials visited Beijing, Shanghai, and Hong Kong in an attempt to court Chinese investors and shed more light on the $500 billion megaproje.....»»

Saudi Arabia's Cro.....»»

Recruitment is underway at Saudi Arabia's ambitious smart city, Neom — 262 vacan.....»»

Saudi finance minister said the kingdom was pleased with Vision 2030 progress, but would "change course" and "adjust" projects such as Neom as needed. Saudi finance minister Mohammed Al-Jadaan.WEFSaudi Arabia&.....»»

Saudi Arabia hopes that bankers will shell out cash once they see the progress on its futuristic desert city, Neom, in person. The planned design for The Li.....»»

Neom's head of technology told ZDNet that Neom would function as the world's first "cognitive city," which can anticipate residents' needs. A composite i.....»»

Oil futures ended sharply higher on Friday, getting a boost, in part, due to reports of an attack on an oil facility in Saudi Arabia. Prices, however, posted a big d.....»»

Oil futures rise Friday, with prices up by roughly 8% for the week in large part to Saudi Arabia's recent decision to unilaterally cut crude output......»»

adznano3/Shutterstock Saudi Arabia is tripling its value-added tax (VAT) rate as part of its plan to save $27 billion amid a series of economic crises. VAT will.....»»

AP Photo/Francois Mori Mohammed bin Salman is the 34-year-old crown prince of Saudi Arabia. He controls part of the royal family's vast wealth, which is .....»»

Saudi Arabia is planning a two-part listing of Saudi Arabian Oil Co. on its domestic stock market to ensure that the exchange can easily absorb what would be the kingdom’s largest initial public offering, according to advisers familiar with the process......»»

REUTERS/Faisal Nasser Saudi Arabia plans to bar foreign workers from certain jobs as part of an effort to reduce unemployment and t.....»»

The deployment of hundreds of US troops to Saudi Arabia as part of a build-up to counter Iran in the region amid soaring tensions and a dangerously ratcheting "tanker war" has begun, The Wall Street Journal reported.....»»

AECOM (ACM) receives a project management consultancy services contrac.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Saudi Arabia's Public Investment Fund (PIF) has pursued eye-catching investments abroad over the past several years, part of reform plans to diversify the economy beyond oil and transform the country into a high-tech investment powerhouse......»»