Saudi Arabia is likely to cut billions of dollars in spending on some of its biggest development projects, and place other plans on hold, as the kingdom grapples with the scale of its vast economic makeover. The sprawling desert development known as Neom is expected to be allocated 20% less than its targeted budget for this year, according to people familiar with the matter. Standard Chartered's Carla Slim speaks with Bloomberg's Joumanna Bercetche.

Sign up for the Middle East Briefing, a weekly look at what's happening in the region and where it's heading: [ Ссылка ]
--------
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: [ Ссылка ]
Visit [ Ссылка ] for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: [ Ссылка ]
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]

Connect with Bloomberg Business on:
X: [ Ссылка ]
Facebook: [ Ссылка ]
Instagram: [ Ссылка ]
TikTok: [ Ссылка ]
Reddit: [ Ссылка ]
LinkedIn: [ Ссылка ]

More from Bloomberg:
Bloomberg Radio: [ Ссылка ]

Bloomberg Surveillance: [ Ссылка ]
Bloomberg Politics: [ Ссылка ]
Bloomberg Originals: [ Ссылка ]

Watch more on YouTube:
Bloomberg Technology: [ Ссылка ]
Bloomberg Originals: [ Ссылка ]
Bloomberg Quicktake: [ Ссылка ]
Bloomberg Espanol: [ Ссылка ]
Bloomberg Podcasts: [ Ссылка ]

свернуть