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The Nexus
BUSINESSMay 22 · 09:29 UTCSEMAFORMatthew Martin

Saudi’s NEOM halts work on The Line until after 2030

Saudi Arabia's NEOM has delayed work on The Line, its ambitious 170-kilometer dual skyscraper project, until after 2030 as the sovereign wealth fund pivots toward more practical infrastructure investments like ports and data centers. The company has also scaled back its 2030 population target to 100,000 residents and postponed development of tourism destinations and a mountain resort, reflecting a broader shift toward pragmatic project management.

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