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What Happened With Saudi's Spending Spree?

Saudi Arabia has spent the last decade trying to reinvent itself — pouring hundreds of billions...

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01.01 29 May 2026


What Happened With Saudi's Spending Spree?


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01.01 29 May 2026


Saudi Arabia has spent the last decade trying to reinvent itself — pouring hundreds of billions into futuristic cities, global sports, and infrastructure mega projects. 

 At the centre of it all is Mohammed bin Salman — MBS — the young, ambitious leader who promised to transform the Kingdom through something called Vision 2030. 

 But now, some of those biggest, boldest ideas are being scaled back. 

 So what happened to the Saudi spending spree? 

Ciara is joined by Economist and host of Newstalk's Taking Stock, Susan Hayes-Culleton and Dr Rahaf Aldoughli, Lecturer in Middle East and North African Studies at Lancaster University.


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