Wall Street Journal Explains Neom Project Collapse

The "Wall Street Journal" revealed that the collapse of NEOM in Saudi Arabia is due to financial and political problems, which led to reduced activities or their cessation, along with irregular financial transfers and difficulties in implementing the ambitious vision for the project. The investigation was based on testimonies from former employees, internal documents, satellite images, and showed how NEOM's projects sharply declined and halted after being among the region's most prominent developmental initiatives.

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