King Abdullah Economic City

Saudi Arabia's picture of King Abdullah Economic City in 20 years

Saudi Arabia plans a $100 billion mega-city to help end its oil dependence

March 20, 2015
Business

With oil prices down and the world's supply eventually running out, Saudi Arabia is looking to the future by constructing a massive new city from scratch along the Red Sea. The kingdom hopes it will provide a new source of income and trade, but it's not without its own problems.

Saudi Arabia plans a $100 billion mega-city to help end its oil dependence

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