Economics

Saudi Arabia Just Announced Plans to Build a Mega City That Will Cost $500 Billion

  • New city, called NEOM, to be connected to Egypt, Jordan
  • Plan is latest mega project announced by the kingdom

Saudi Arabia Plans $500 Billion Mega City

Lock
This article is for subscribers only.

Saudi Crown Prince Mohammed bin Salman announced plans to build a new city on the Red Sea coast, promising a lifestyle not available in today’s Saudi Arabia as he seeks to remake the kingdom in a time of dwindling resources.