{"id":102299,"date":"2025-11-10T00:00:00","date_gmt":"2025-11-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/10\/the-lines-recalibration-is-under-the-spotlight\/"},"modified":"2025-11-10T00:00:00","modified_gmt":"2025-11-10T00:00:00","slug":"the-lines-recalibration-is-under-the-spotlight","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2025\/11\/10\/the-lines-recalibration-is-under-the-spotlight\/","title":{"rendered":"The Line\u2019s recalibration is under the spotlight"},"content":{"rendered":"

<\/strong>The Line is once again on the radar, with the <\/strong>Financial Times<\/a><\/strong> diving deep into the <\/strong>megaproject\u2019s <\/strong>scale and cost challenges.<\/strong> Neom\u2019s 170 km-long mirrored megacity reportedly met a slew of practical, financial, and environmental hurdles that weighed down its development, the salmon-colored paper cited interviews with former employees. Plans have reportedly been drastically scaled back<\/a>, with the 2030 first phase reduced to three modules from the 20 originally planned, and key components, like the international airport, delayed or halted.<\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

ALSO-<\/strong> The group of smaller companies braving the muted Saudi IPO market has drawn <\/strong>Bloomberg<\/a><\/strong>\u2019s a<\/strong>ttention<\/strong>. <\/strong>Cherry Trading<\/a> and Almasar Alshamil Education<\/a> are moving forward with listings despite a subdued and cautious equity market, while Consolidated Gr\u00fcnenfelder Saady Holding<\/a> (CGS) and Alramz Real Estate<\/a> are in the pipeline. Success of the listings will hinge on pricing discipline as investor focus has shifted from \u201cfirst-day pops\u201d to long-term fundamentals, with most Saudi IPOs this year trading below their offer prices.<\/p>\n","protected":false},"excerpt":{"rendered":"

The mirrored megacity reportedly met a slew of practical, financial, and environmental hurdles<\/p>\n","protected":false},"author":1,"featured_media":102300,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2561],"tags":[10,29,100,229,2452,1609],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-102299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saudi-in-the-news","tag-enterpriseam-ksa","tag-ipo-watch","tag-neom","tag-saudi-in-the-news","tag-tadawul","tag-the-line","wpautop","entry"],"acf":{"mongo_id":"c273c84b-c4ec-49b1-b1fc-fadec366d3e9","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/11\/637.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The Line\u2019s recalibration is under the spotlight","related_issue":[102282],"teaser":"The mirrored megacity reportedly met a slew of practical, financial, and environmental hurdles","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/11\/.7510150c-dde7-4998-a826-bf8765d21b7a.mp3"},"yoast_head":"\nThe Line\u2019s recalibration is under the spotlight - 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