Saudi Arabia cuts 8,000 million dollars its budget

He Neom megaprojectit has been the closest to the construction of the great pyramids that Middle East has lived. The project intended Undoil to Saudi Arabia of its dependence on fossil fuels that have supported the country during the last decades, to make it an attractive destination for investments and High purchasing power tourism. According … Read more

The Line goes regular, so Saudi Arabia has asked some consultants to solve the obvious: if it makes sense

When years ago The heir prince Mohammed Bin Salman presented the plans of The Linethe gigantic Pharaonic glazed city that Saudi Arabia wants to build in full desert, the idea sounded for science fiction. And it’s normal. Not every day a megalopolis of 170 km long, 200 m wide and huge skyscraper, all thought to … Read more

There is a region in Latin America that has more oil than all Saudi Arabia. And yet it produces 12 times less

To the east of Venezuela, the Orinoco oil strip wants to return to its golden age, but faces political, economic and technical challenges. Venezuela has the largest proven oil reserve in the world: 300,878 million barrels. To put it in perspective, Saudi Arabia has in its territory a reserve of 267,000 million barrels. A Treasury. … Read more

Russia, Emirates and Saudi Arabia are dynamiting the poster from within

In 1973 one of the greatest energy crises of the twentieth century broke out. Yom Kipur war and the oil embargo decreed by Arab countries fired the price of crude oil, which quadrupled in a few months. The consequence was an economic storm: inflation, recession and a deep geopolitical rearrangement that catapulted the OPEC to … Read more

Saudi Arabia has signed a check of 7,000 million dollars for Nvidia. Jensen Huang is now 12,000 million richer

In his Official visit to Saudi ArabiaDonald Trump has been accompanied by an entourage of technological entrepreneurs including Elon Musk, Sam Altman, Lisa his and Jensen Huang. The presence of all these technological executives is justified within the framework of A GREAT COMMERCIAL AGREEMENT Between both countries valued at 600,000 million dollars, which includes the … Read more

Saudi Arabia wants to become a new power in data centers. Nothing is clear that I can do it

Donald Trump has made a unique tour of several countries in the Middle East, and among the agreements that are considered surprising: Saudi Arabia, United Arab Emirates and Qatar want to invest billions of dollars in the construction of data centers for ia. The question is whether they will do so. Chips for strategic alliances. … Read more

Saudi Arabia is not willing to give up a paradise in the purest Caribbean style, despite Neom’s cuts: Laheq Island

Neom has dreamed of a dystopian future designed for luxury tourism, in which they have imagined linear cities of 170 kilometers long, Aquatic parks In the middle of the desert, soccer fields that seem taken from a video game either Luxury bunkerized resorts that house high -tech laboratories inside. The variety of NEOM projects is … Read more

There are 2,400 Tesla Cybertruck without owner. Fix the failure is to sell them in a SO: Saudi Arabia

Tesla expected her cybertruck to become a success of sales. Clearly, he did not calculate well what was coming. The company is in an unknown crisis. When he had managed to settle as another company of vehicles, an unexpected events are complicating his numbers. A stranger. Tesla sold less cars in 2024 that in 2023. … Read more

We thought we had seen everything about the futuristic city of Neom. A document has revealed what Saudi Arabia hidden: its cost

At the beginning of March Neom He was news again. Satellite images through Google showed that the expansion of its port had experienced a significant transformation as Part of oxagonthe “Pata” futuristic “leg” of Neom. Once again, the hyperbole flooded a project that was born exaggerated and that, perhaps, dies exactly the same. Dreams and … Read more

After a delay of seven years, Saudi Arabia takes up the works of the highest skyscraper in the world. Let’s see what lasts

Saudi Arabia has become the Madrid of the ‘galacticos’, the Barcelona of the ‘Tiki-Taka’. When we talk about megaconstructions, the country plays in another league, a capable of shadowing the Almighty Manhattan. And it is evident when we see all those projects that have as hands like the imposing MUKAABthe huge Abraj al Bait tower … Read more

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