Pushing back work on The Line back until after 2030, and also significantly redesigning its twin mirrored skyscrapers, is part of efforts to make NEOM less costly to develop. However, it’s unclear when the redesign will be completed or when the project would get any new funding allocated to it, the people said.
Postponing development of one of the kingdom’s most iconic projects is the latest sign that Saudi Arabia is taking a more pragmatic view of its ambitions. Earlier in May, Public Investment Fund said it will stop funding LIV Golf…
