Tag

Expo 2030

All articles tagged with #expo 2030

Saudi PIF Trials Leaner Strategy to Rally Private Cash for Giga-Projects
business16 days ago

Saudi PIF Trials Leaner Strategy to Rally Private Cash for Giga-Projects

Saudi Arabia’s Public Investment Fund will test a revised 2026–2030 investment strategy at its Private Sector Forum, seeking private-sector funding to sustain its giga‑projects while signaling up to a 15% cut to capital expenditure. The plan, shaped by investor feedback, prioritizes Expo 2030 and the 2034 World Cup, with projects like Neom and the Mukaab under reprioritisation and tighter financial scrutiny as oil prices and liquidity tighten.

"Global Rivals Vie for 2030 World Fair Hosting Rights"
international-affairs2 years ago

"Global Rivals Vie for 2030 World Fair Hosting Rights"

Italy, Saudi Arabia, and South Korea are competing in Paris to host the Expo 2030 world fair, a major event that attracts millions of visitors and significant investment. Rome has emphasized human rights and democracy in its bid, positioning itself as a more ethical option than Riyadh, which is seen as the frontrunner. Saudi Arabia's Crown Prince Mohammed bin Salman hopes to use the event to improve the country's image following the murder of journalist Jamal Khashoggi. South Korea sees the Expo as an opportunity to give back to the world after receiving international aid following the Korean War. The winner will be selected by ballot on Tuesday.