The country is embarking on a massive spending spree to diversify its economy, spanning mega projects to sports and technology,
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Mercedes driver Lewis Hamilton of Britain steers his car during the first practice session ahead of the Formula One Saudi Arabian Grand Prix at the Jeddah Corniche Circuit in Jeddah, Saudi Arabia, Thursday, March 7, 2024. (AP)
A report by Bloomberg on Monday detailed some of Saudi Arabia’s plans to shift away from oil dependency.
According to the report, the country is embarking on a massive spending spree, spanning mega projects to sports and technology.
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