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 ...

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 ...

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 being resized, not abandoned, as lower oil prices squeeze Saudi Arabia’s fiscal room. Riyadh is forced to reassess timelines and scale across its giga-projects despite Vision 2030 remaining ...

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 ...

Regional tensions are testing the operating environment for Saudi Arabia’s economic transformation, even as its long-term ...

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 ...