All Articles
editorial
NEOM Has Budgeted $16 Billion Just to Cancel Contracts
NEOM's 2026-2030 budget sets aside SAR60bn ($16bn) to pay contractors to walk away — more than a third of Saudi Arabia's projected 2026 deficit, and half again what it plans to spend building. The contractor-by-contractor ledger of what termination for convenience actually pays.
editorial
Trojena: $6.85 Billion Cancelled in a Single Month
Three contracts worth $6.85 billion terminated in March 2026. The Asian Winter Games surrendered. Artificial snow in a desert abandoned. The forensic record of Trojena's collapse, contract by contract.
editorial
NEOM Dismembered: $6.85 Billion in Contracts Terminated in a Single Month
In March 2026, NEOM terminated three major contracts worth $6.85 billion. Trojena's dam cancelled at 30% completion. Hyundai's tunnel killed. The forensic audit of what $50 billion bought and what survives.