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Saudi Arabia Scales Back Neom Megaproject Plans
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8.2
Saudi Arabia plans to significantly scale back and redesign its NEOM megaproject, the Financial Times reported, as a year-long internal review led by new CEO Aiman al-Mudaifer nears completion at the end of the first quarter of 2026. The Line and Trojena will be radically downsized, and NEOM may pivot toward data-centre hubs to cut costs amid tighter liquidity and PIF pressure.
Scoring Rationale
High-impact strategic shift by PIF and NEOM, limited by reliance on FT sources and pending official review conclusion.
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