Saudi Arabia Suspends Mukaab Project: World's Largest Building Put On Hold | Reuters Exclusive

Описание: Saudi Arabia has suspended construction of the Mukaab, a massive cube-shaped skyscraper planned for central Riyadh, as the kingdom reassesses project financing and feasibility. The 400-meter metal cube was designed to contain a dome with the world's largest AI-powered display and fit 20 Empire State Buildings inside. Work beyond soil excavation has been halted as the $925 billion sovereign wealth fund pivots from futuristic megaprojects to more profitable initiatives like World Expo 2030 and 2034 World Cup infrastructure. The $50 billion New Murabba district, initially planned for 2030, is now delayed until 2040 amid mounting fiscal pressures and low oil prices affecting Crown Prince Mohammed bin Salman's Vision 2030 transformation agenda.

#SaudiArabia #Mukaab #Vision2030 #NEOM #Riyadh #Megaprojects #MBS #SaudiPIF #Architecture #GlobalNews

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