The authoritarian country is spending billions on international athletics, from Formula 1 to combat sports, to boost its ...

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions ...

NEOM, a Red Sea urban and industrial development nearly the size of Belgium that is due to house nearly nine million people, ...

But the world's top oil exporter has had to rein in some of its ambitious plans over the past year as low oil prices and ...

RIYADH/DUBAI - Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements ...

Low oil prices and production have hit Saudi coffers; long-time chief executive Nadhmi Al Nasr leaves due to his inability to ...

(Bloomberg) -- Saudi Arabia replaced the executive that was overseeing its plan to build the $1.5 trillion futuristic ...

Crown Prince Mohammed bin Salman has poured hundreds of billions of dollars into development projects through the kingdom's ...

The CEO of the Kingdom's futuristic city, Neom, abruptly stepped down after six years in the role. It's another setback for ...

Neom is set to host hyper-futuristic cityscapes and structures — but financial pressures on the kingdom are changing.