Saudi Arabia is building The Mukaab, a colossal, $50 billion, 1,300-foot-tall cubical structure in Riyadh. This mega-project will house an entire “city within a building,” boasting enough space to fit 20 Empire State Buildings. The Mukaab will feature residential, commercial, and leisure areas, aligning with Crown Prince Mohammed bin Salman’s Vision 2030 to diversify the economy and create 334,000 jobs. This self-contained city will offer luxury residences, state-of-the-art offices, world-class
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Saudi Arabia has suspended planned construction of the Mukaab, a massive cube-shaped skyscraper at the heart of Riyadh’s New Murabba project, as it reassesses financing and feasibility. The move reflects a broader scaling back of Vision 2030 gigaprojects as the kingdom’s $925 billion sovereign wealth fund prioritizes costs and spending. Initial plans for the New Murabba district called for completion by 2030. It is now slated to be completed by 2040. Riyadh is shifting away from some high-cost f
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Saudi Arabia has suspended planned construction of the Muka…
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