Saudi Arabia suspends work on massive Mukaab megaproject, sources say

Saudi Arabia suspends work on massive Mukaab megaproject

Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper at the centre of a downtown development in Riyadh while it reassesses the project's financing and feasibility, four people familiar with the matter said. The Mukaab, at the centre of Riyadh's New Murabba development, is the latest fantastical gigaproject linked to Saudi's Vision 2030 to be curtailed or delayed as the kingdom's $925 billion sovereign wealth fund …

Saudi Arabia suspends work on massive Mukaab megaproject: Sources

The Riyadh structure was billed as large enough to fit 20 Empire State Buildings, and feature around 2 million square meters of interior floor space.

Saudi Arabia freezes Mukaab megaproject amid Vision 2030 scale-back

Investment capital is being redirected toward sectors offering quicker returns, including logistics, mining, and AI

Saudi Arabia halts construction on giant Mukaab cube in Riyadh

Saudi Arabia halts Mukaab cube construction in Riyadh whilst reassessing financing as $925bn sovereign wealth fund scales back gigaproject spending amid fiscal pressures.

Mukaab: Saudi Arabia suspends construction of controversial cube structure

Giant Riyadh building, which drew criticism for likeness to Kaaba, is latest grand project paused by kingdom over finances

Exclusive: Saudi Arabia shelves Mukaab 'The Cube' project, world's largest skyscraper

Saudi Arabia has suspended planned construction of a colossal cube-shaped skyscraper at the center of a downtown development in Riyadh while it reassesses the project's financing and feasibility, four people familiar with the matter said.