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.
Trojena: Saudi ski resort, NEOM mountain tourism, timeline, and delivery risk
Trojena is NEOM's planned Saudi mountain ski resort. This brief separates official ambition from 2026 event and contract risk.
NEOM Company: Inside the Corporate Vehicle Building Saudi Arabia's $500B Giga-Project
NEOM Company — PIF-owned JSC developing the NEOM giga-project. Leadership (Aiman Al-Mudaifer post-Nadhmi Al-Nasr), six business units, capex, scope cuts, 2030 outlook.
NEOM: Saudi Arabia's $500 Billion Giga-Project, Scope Cuts, and What's Actually Being Built
NEOM — Saudi Arabia's $500B giga-project under MBS. The Line, Oxagon, Trojena, current scope cuts, costs, controversies, and 2030 delivery outlook.
The Graveyard of Giga-Projects: A Forensic Audit of Every Vision 2030 Project That Failed, Flopped, or Quietly Died
The Line scaled to 1.4% of plan. Mukaab suspended. Trojena's dams cancelled. Jeddah Tower frozen since 2018. An $8 billion portfolio writedown. The complete forensic record of Vision 2030's cancelled, suspended, and quietly killed giga-projects.
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.
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.
NEOM Latest Developments
Up-to-date overview of NEOM's latest construction progress, project milestones, business announcements, investment opportunities, and strategic developments across The Line, Trojena, Oxagon, and Sindalah.
NEOM Mega-City Project
In-depth analysis of NEOM, Saudi Arabia's $500 billion mega-city project in Tabuk Province featuring The Line, Oxagon, Trojena, and Sindalah as centrepieces of Vision 2030's economic diversification.
Trojena
Trojena is NEOM's mountain destination. It was stripped of the 2029 Asian Winter Games, reassigned to Almaty in February 2026. Outdoor ski slopes, luxury residences, and year-round adventure tourism.