Saudi Arabia says all NEOM megaprojects will go ahead as planned
Saudi Arabia’s economy minister dismissed recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert project on the Red Sea coast, is scaling back some of its plans. “All projects are progressing at full speed,” Faisal Al Ibrahim told CNBC’s Dan Murphy at the World Economic Forum’s special meeting in Riyadh on Monday….