The dream of flying taxis just hit a big roadblock. Volocopter, a German company making electric air taxis, has gone bankrupt. Over 10 years, the company raised $544 million from investors like Saudi ...

New satellite images obtained by Business Insider via US space company Maxar Technologies have revealed the gigantic complex, which appears to feature at least 16 buildings (plus other buildings in ...

Saudi Arabia is trying to diversify its economy away from oil under a plan called Vision 2030. Neom is one element, and its finance minister said the project is a "very long-term program." The kingdom ...

A Neom exec complained about having a Sunday meeting after 3 workers died constructing the megaproject, per a WSJ report. Wayne Borg also reportedly made racist comments about Neom's workforce. Neom ...

RIYADH/DUBAI, April 22 (Reuters) - Saudi Arabia is to officially appoint Aiman al-Mudaifer as the chief executive of NEOM, the $500 billion mega-project at the heart of the kingdom's drive to ...

Saudi Arabia will significantly downscale the construction of the futuristic city Neom after concerns were raised by government officials over costs and repeated delays, according to a report. The ...

Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a ...