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Neom: Failed Saudi “Futurist City” Is a $500 Billion Disaster

Summary by Independent Español
Almost a decade ago, Mohamed bin Salman, the Saudi crown prince, promised to build a shining utopia on the Red Sea coast that would redefine the way human beings live and work. But experts say that the recent reduction of his project reveals that it was always an impossible dream, reports Alex Croft.
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Independent EspañolIndependent Español

Neom: Failed Saudi “Futurist City” Is a $500 Billion Disaster

Almost a decade ago, Mohamed bin Salman, the Saudi crown prince, promised to build a shining utopia on the Red Sea coast that would redefine the way human beings live and work. But experts say that the recent reduction of his project reveals that it was always an impossible dream, reports Alex Croft.

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Independent Español broke the news on Friday, February 20, 2026.
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