A conceptual image of the planned design for The Line in Saudi Arabia's Neom, shows a large mirrored facade extending out into the water from the desert.
The planned design for The Line in Neom.
  • Saudi Arabia's vision for its sprawling Neom project has always been hugely ambitious — and costly.
  • The financial realities have started to cause concern within the government, Bloomberg reported.
  • Amid alarm about costs, the kingdom's sovereign wealth fund has yet to approve Neom's 2024 budget.

Saudi Arabia's plan for its $500 billion futuristic city, Neom, is as ambitious as it gets.