๐จ UPDATE: Saudi Arabia Pauses Work on The Mukaab ๐ธ๐ฆ๐๏ธ
Reports say Saudi Arabia has temporarily slowed or paused parts of The Mukaab, one of its most ambitious Vision 2030 projects in Riyadh.
The Mukaab was planned as:
๐ง A massive cube-shaped landmark
๐ A โcity within a cityโ
โจ Home to large-scale immersive and digital experiences
This isnโt a cancellation, but a strategic pause.
Why this matters ๐
โข Capital may be reallocated to higher-priority projects
โข Focus could shift toward tech, AI, and digital infrastructure
โข Large-scale urban plans are being reassessed, not abandoned
Vision 2030 is still alive, but execution is becoming more selective and disciplined.
For markets, this signals how even mega economies are adapting to global conditions. When spending priorities shift, new sectors often benefit. ๐ง ๐
Smart money watches these pivots closely.
