Saudi Arabia Is Quietly Scaling Back Its $1 Trillion Futuristic City Dream

Image Courtesy: NEOM Saudi Arabia’s sovereign wealth fund is scaling back and slowing the development of its futuristic Neom megaproject as it places greater emphasis on profitability and commercially viable investments. The Public Investment Fund (PIF), chaired by Crown Prince Mohammed bin Salman, said Neom’s ambitions remain intact but that its major developments will now […] The post Saudi…