Saudi Arabia Tries to Plug $21B Deficit by Selling Bonds: Report
Riyadh is pressing ahead with massive spending projects as part of its Vision 2030 economic transformation plan that includes the Neom megaproject.
Source: businessinsider.com
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Saudi Arabia's $500 billion Neom megacity is reportedly seeking new sources of cash
Saudi Arabia's Neom is planning its first bond sale, Bloomberg reported.The issuance could take place later this year and raise up to $1.3 billion, per the
Source: businessinsider.in
Saudi Arabia's futuristic $500 billion Neom megacity just got a lot smaller ... for now, report says
Saudi Arabia has cut estimates for people living in its $500 billion Neom project.Its government hoped the futuristic "The Line" city would hold 1.5 million
Source: businessinsider.in
Saudi Arabia: $500BN Neom Megacity Just Got Smaller, for Now — Report
The Neom megacity is part of Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the kingdom's economy.
Source: businessinsider.com
New unified Gulf tourism visa to bolster Saudi economy
RIYADH: In November 2023 the Gulf Cooperation Council approved a landmark unified tourist visa set to launch between 2024 and 2025. Similar to the Schengen scheme, the permit will enable tourists to travel across all six GCC member states: Oman, Bahrain, Kuwait, Qatar, Saudi Arabia and the UAE. The new visa was announced by Jassim Mohammed Al-Budaiwi, GCC secretary-general, on...
Source: alkhaleejtoday.co