Saudi Arabia has 'no ego' to prevent it from cancelling megaprojects, finance minister says

Saudi Arabia's finance minister stated the kingdom has 'no ego' and is willing to adjust, defer, or cancel megaprojects associated with its Vision 2030 plan. These comments follow reports that the country is already scaling back ambitious developments like the futuristic city 'The Line' and the Trojena desert ski resort. This signals a potential reassessment of the crown prince's strategy to diversify the nation's economy away from oil reliance. While some fantastical projects may be downsized, the kingdom continues to invest in sectors with a competitive advantage, such as AI and tourism.