NEOM News
Latest articles and news about NEOM on AXL Media.
Latest Articles
- Saudi Arabia Abandons £3.7 Billion Trojena Artificial Lake Project Amid Massive Neom Contract Terminations
Published: Apr 12, 2026
Section: Real Estate
Saudi Arabian developer Neom has cancelled a $4.7 billion contract with Italian construction giant Webuild for the development of a massive artificial lake and resort in the Trojen...
- NEOM Rescales Ambitions as Strategic Pivot Triggers Major Construction Contract Cancellations
Published: Apr 11, 2026
Section: Middle East
Saudi Arabia’s flagship gigaproject, NEOM, has initiated a sweeping recalibration of its construction pipeline, resulting in the termination of several multi-billion dollar contrac...
- GCC Real Estate Supply Set to Hit 7 Million Homes and 42 Million Square Meters of Office Space by 2030
Published: Feb 19, 2026
Section: Market Trends
A comprehensive market analysis indicates that the Gulf Cooperation Council (GCC) region is on track to significantly expand its real estate footprint, reaching 7.28 million reside...