Saudi Arabia News - Gulf Insider
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www.gulf-insider.comThe Line attended leadership sessions by consultants reassess feasibility amid slumping oil revenue; With new leadership delays push timelines beyond the original timelines. Unveiled as part of Vision 2030 with a 170-km car-free design aimed for up to 1.5 million residents by 2030; updates indicate a far smaller population and limited early construction progress. Funding constraints from fluctuating oil revenue and leadership changes at NEOM have contributed to a scaled-back outlook with revised milestones.
Get the latest updates on Saudi Arabia from Gulf Insider.
www.gulf-insider.comConsultants hired by the Public Investment Fund will reassess the zero-carbon city's viability under tightened budgets driven by slumping oil revenue.
ground.newsSaudi 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.
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