Saudi Arabia’s NEOM Is Shrinking—But Its $20 Billion Port Is Moving Ahead
Saudi Arabia’s $500 billion NEOM vision was designed to transform the country’s northwest into a futuristic economic region built around new cities, advanced industries, tourism, and infrastructure. But by 2026, the project is entering a very different phase. Several major contracts have been cancelled, deadlines have slipped, and the ambitions surrounding The Line appear…
