growing price tag

Costs for Saudi Arabia’s mega-projects keep getting higher

Knight Frank, the London-based real estate consulting firm, estimates the total cost of Saudi Arabia's plans at $1.3 trillion, up 4% from 2023

A nighttime view of Riyadh, Saudi Arabia. (Photo: Getty Images)

The price tag keeps on getting higher for Saudi Arabia’s ambitious national building program – from the futuristic city of Neom in the west to the Qiddiya cluster of theaters, theme parks and a Formula 1 track in Riyadh.

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