DAVOS, Switzerland, Jan 19 (Reuters) - Saudi Arabia is ‌handing the scope of some Vision 2030 projects to ‌the private sector as it adjusts timelines to avoid economic overheating, Economy Minister ...
The crown prince’s futuristic agenda was plagued by budget shortfalls and impractical designs. War plunged it deeper into ...
A key objective of Vision 2030 is to reduce the Kingdom's reliance on oil revenues, particularly in light of fluctuating oil ...
Authorities working on the largest construction site in the world have begun to review the scope and feasibility of the "gigaproject." Aiman al-Mudaifer, who took over as Neom's CEO after the ...
NEOM is scaling back on key contracts, revealing challenges in delivering its Vision 2030 ambitions and reshaping Saudi ...
Saudi Arabia, once a country that pushed forward with money, is transforming into a country that calculates carefully. Construction of the massive cube-shaped building ‘Mukaab’, which was to be built ...
Prefer Newsweek on Google to see more of our trusted coverage when you search. Saudi Arabia's Neom megaproject, home to the world's largest construction site, could soon layoff thousands of workers.
DUBAI, Feb 12 (Reuters) - Saudi Arabia appointed a senior executive at its sovereign wealth fund, Fahd bin Abduljalil bin Ali al Saif, as its new investment minister on ‌Thursday as part of a shift in ...
Saudi hydrogen projects — part of the country’s Vision 2030 program — risk suffering from sunk costs and delayed sales revenue. Like many of the “gigaprojects” associated with Crown Prince Mohammed ...
There’s something refreshing about a country admitting that it has overdone it. Of course, Saudi Arabia has not phrased it in so many words but the scaling back of its Giga-Projects – most ...
Regional tensions are testing the operating environment for Saudi Arabia’s economic transformation, even as its long-term ...
In May 2008, the Ministry of Medical Services identified the envisaged resource centre as one of the flagship projects for realisation of the Kenya Vision 2030 in the Health Sector. It was to match ...