How Saudi Arabia's Spending Spree Reached the End of the Line Saudi Arabia's Crown Prince Mohammed bin Salman launched Vision 2030, a grand transformation plan aimed at catapulting the kingdom into a futuristic utopia.
The initiative promised to wean the country off its dependence on oil and establish it as a global economic powerhouse. However, behind the glossy PR campaigns and lavish promises, a more sobering reality is emerging.
Several ambitious projects under Vision 2030 have hit turbulence in recent months.