News

UNILAD4d
How Trump's tariffs could affect Saudi Arabia giga-project The Line as new projected cost reaches $8,800,000,000,000
The project was estimated to cost around $1 trillion but new projections have seen this figure massively increase. Seemingly ...
Oil prices are sliding. That's a problem for Saudi Arabia and its Neom megaprojects.
Saudi Arabia is still dependent on oil revenues, so weak crude prices may make it harder to fund its ambitious ventures such ...
Could Trump tariffs spell DOOM for Neom? Cost of Saudi’s barmy mega-city rockets 20-fold amid scandals & shrinking scale
DONALD Trump’s sweeping new tariffs could be the final nail in the coffin for Saudi Arabia’s Neom. The wildly ambitious, ...
NBC New York9d
Tanking oil prices could more than double Saudi Arabia's deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Several Neom projects may end up on the chopping block, regional economists predict. Saudi Arabia has an A/A-1 credit rating with a positive outlook from S&P Global Ratings and an A+ rating with ...