Saudi Arabia freezes work for western consultants, even as oil revenue rises

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Saudi Arabia has halted new contracts and delayed payments for western consultants despite rising oil revenues amid the US-Israeli war on Iran. The kingdom is focusing on logistics, mining, tech, and AI projects while scaling back megaprojects like Neom, with military spending also increasing significantly.

🇸🇦 Location: Saudi Arabia — Sources: 1 — First seen: — Last seen:
Saudi Arabia oil revenue western consultants Neom project military spending

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