Saudi Arabia’s Neom Mega-City Faces Financial and Logistical Challenges
Riyadh: Saudi Arabia’s ambitious $500 billion Neom mega-city project, envisioned as a futuristic urban marvel, is grappling with significant financial and logistical hurdles. Launched in 2017 as part of Crown Prince Mohammed bin Salman’s Vision 2030 initiative, Neom was designed to diversify the Kingdom’s economy and reduce its reliance on oil. However, escalating costs and…
