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RSS FeedsSaudi Arabia`s pinning its $20b Riyadh project on pent-up demand
(WorldNews Business)


3 july 2020 09:54:47

Saudi Arabia`s pinning its $20b Riyadh project on pent-up demand
(WorldNews Business)

Riyadh: Saudi Arabia is pushing ahead with a $20 billion tourism and culture project in its capital despite the kingdom`s fiscal crisis, counting on a rebound in pent-up consumer spending when the global pandemic abates. Officials have allocated funds for the mega-project in Riyadh, called `Diriyah Gate`, and Crown Prince Mohammed bin Salman told planners to move `full speed ahead, no slowdown,` according to Jerry Inzerillo, CEO of the project`s development authority. Several parts...

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