# Analysis: Saudi Arabia's Economic Plans Stumble

An episode of [Babel: Translating the Middle East](https://invisiblenetwork.ai/podcast/1479606317), 19 Nov 2024, 4:15.

Audio: https://traffic.megaphone.fm/CSIS3395663805.mp3?updated=1732028083

One pillar of Saudi Arabia’s ambitious Vision 2030 development plan is NEOM, a land development, tourism, and model city project that is projected to cost at least a half a trillion dollars. Last week, NEOM’s CEO left suddenly. Asher Grant-Sasson speaks with Jon Alterman, director of the CSIS Middle East Program, about NEOM, its challenges, and Saudi Arabia’s economic future.

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