economic

Saudi Arabia's Big-Spending Era Winds Down Amid Vision 2030 Scrutiny

| Saudi Arabia

NYT analysis examines Saudi Arabia's retreat from mega-investments in sports (LIV Golf) and global prestige projects, raising questions about the future of Vision 2030 and the kingdom's regional influence as the big-spending era appears to be winding down. The report notes scaling back of NEOM's 'The Line,' reduced commitments to international sports deals, and growing pressure on the Public Investment Fund to prioritize financial returns over geopolitical prestige.

NYT analysis on the end of Saudi Arabia's big-spending era and implications for Vision 2030
NYT analysis on the end of Saudi Arabia's big-spending era and implications for Vision 2030 — The New York Times