19 Hrs
Source:
مأرب برس
Security Council affirms Saudi Arabia's right to self-defense
The NEOM City project in Saudi Arabia is experiencing delays in implementing its plans and a decline in investments compared to the announced targets. Approximately 51% of the announced projects have been completed so far, while the invested funds attracted amount to around 26 billion riyals until 2026. The project also faces challenges in attracting investors and a slowdown in the pace of execution, despite having announced investments exceeding 163 billion riyals to date. It is expected that the total investments will reach 2,216 billion riyals in the future. These challenges are attributed to factors related to slow procedures and market fluctuations, which impact the full achievement of the project's set objectives.
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