Saudi Arabia reckons with its costly megaprojects as $500 billion ‘The Line' is reviewed

The move by Saudi Arabia to review one of its megaprojects comes amid global scrutiny of its ambitious infrastructure agenda. Read More

Saudi Arabia is pulling back on a global spending spree to focus on its ...

Saudi Arabia's Public Investment Fund chief said the kingdom is changing its relationship with foreign investors to focus on the domestic economy. Read More

Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets

Higher prices would help pay for Saudi’s infrastructure-spending spree, including $1 trillion of projects designed to rapidly pivot the economy away from oil. Read More

Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

“Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns,” one financier told CNBC. Read More

Saudi Arabia is on a high-stakes mission to buy the world

Saudi Arabia's Public Investment Fund, led by Crown Prince Mohammed bin Salman, is going global. The sovereign wealth fund is investing in everything from Uber and Blackstone to Heathrow and LIV Golf. Read More

Saudi Arabia is pulling back on a global spending spree to focus on its ...

Saudi Arabia's wealth fund has pumped billions into global entertainment, sports, and infrastructure. Now the Kingdom plans to cut its foreign investment to prioritize domestic spending. AI is the new ... Read More