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Videos Bloomberg

Saudi Arabia's Neom dreams collide with financial reality as budgets reportedly face big cuts

Neom is expected to get 20% less than its target funding for the year, with plans for an airline also put on hold, Bloomberg reported.

By: Business Insider
  • Jul 13 2024
  • 5
  • 13949 Views
Saudi Arabia's Neom dreams collide with financial reality as budgets reportedly face big cuts
Saudi Arabia's Neom dreams collide with financial reality as budgets reportedly face big cuts
The planned design for The Line in Neom.Neom
  • Saudi Arabia is reportedly getting ready to slash Neom's budget.
  • The megaproject is expected to get 20% less than its target funding, Blo… [+2309 chars]

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Marc Andreessen and Ben Horowitz have reportedly told employees that they're going to donate to Trump PACs
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