Saudi Arabia… A Week That Shook the World

Major Projects Accelerate and Redraw the Map of the New Economy

📊 Analytical Report — BETH Media Agency

In just one week, Saudi Arabia presented to the world a small glimpse of its future.
Billion-dollar projects that go far beyond tourism and entertainment…
to become instruments for building a new global economy and powerful pillars of soft power unlike anything in the region.

This report showcases the most significant announcements made in recent days — with an analysis explaining how these projects reshape Saudi Arabia’s position on the international stage.

Amala — Redefining Luxury on the Red Sea

Red Sea Global officially unveiled Amala during the opening summit of TOURISE, marking the beginning of a world-class destination unlike anything the Middle East has seen.

✦ What does “Amala” mean?

CEO John Pagano explains:

“The name is derived from the Arabic word Amal — meaning ‘hope,’ reflecting the spirit of living in health and prosperity.”

✦ What does Amala offer?

Ultra-luxury resorts and residences

A wellness and longevity experience considered the first of its kind globally

A 5 km promenade

A world-class Yacht Club hosting The Ocean Race 2027

The three-level marine science center Coralium

Red Sea International Airport connecting the destination to global hubs

✦ Amala in numbers

51.004 billion SAR invested in Phase One

1,600 hotel and residential units upon completion

30% net positive environmental impact by 2040

100% renewable energy

A maximum of 500,000 visitors per year to preserve the pristine ecosystem

This is not just a tourism destination…
It is a global model for regenerative tourism, sending a clear message:
Saudi Arabia is not building resorts — it is building the future of travel.

Six Flags Qiddiya — The Global Capital of Adrenaline

The first theme park of its kind in Saudi Arabia…
spread across 320,000 m²…
featuring rides that broke world records from day one.

🌍 Six immersive worlds — 28 rides and experiences

Including 10 thrill rides and 18 family attractions.

🏆 World-record rides

Falcon’s Flight:
The fastest, tallest, and longest roller coaster in the world

Sirocco Tower:
The tallest free-fall tower

Rattler:
The longest and fastest tilting coaster

Gyrospin:
The tallest pendulum swing ride

Spitfire:
The fastest multi-inversion coaster

🍽 29 restaurants and cafés

Inspired by eight global cuisines — making Qiddiya a full-day destination.

This is not a theme park…
It is an international landmark placing Riyadh at the center of global entertainment.

Saudi Arabia’s Mega-Projects — A Strategic Economic Network

NEOM — Rewriting the Rules of Urban Planning

Five major regions continue progressing:
The Line — Oxagon — Trojena — Magna — Sindalah.

💰 2024 financing:

10 billion SAR in credit facilities

3 billion USD in guarantees from Italy’s SACE

Despite Bloomberg reports of adjusted timelines, the scale of investment confirms NEOM is moving forward — but with smarter, optimized planning.

Roshn — The Housing Engine of Vision 2030

Key developments in 2024:

Launch of Al-Manar in Makkah

Launch of Al-Dana in Dhahran

AI partnership with Google Cloud

EV-charging infrastructure with EVIQ

Banking agreements for developers

A partnership with Aramco to build Al-Qadisiyah Stadium

Total financing in 2024: 9 billion SAR.

Roshn is no longer a housing project…
It is an urban platform reshaping the Saudi residential landscape.

Qiddiya — The Future Capital of Sports and Entertainment

Major announcements:

Prince Mohammed bin Salman Stadium on the cliffs of Tuwaiq (completion 2029)

Formula 1 circuit

Merging “Seven” into the Qiddiya Group for unparalleled entertainment synergy

Qiddiya is on track to become the entertainment capital of the Middle East.

Red Sea Global — Sustainable Luxury at Its Finest

A total of $27 billion invested to complete one-third of the Red Sea Destination.
11 new resorts set to open in 2025.

A project that is shaping the world’s most luxurious and sustainable coastline.

Diriyah — The Soul of Saudi Arabia in a Global Frame

Billion-dollar plans include:

Four luxury hotels

The Royal Equestrian & Polo Club

Development of Wadi Safar

Housing for 100,000 residents

A target of 25 million visitors annually

Diriyah is not just architecture…
It is the cultural identity of the Saudi future.

Planning Flexibility… A Strength Only Confident Nations Possess

Bloomberg reported that some mega-projects saw 20% budget adjustments,
and that PIF is reprioritizing its allocations.

This is not slowdown…
It is the art of redistributing power:

Projects requiring acceleration are accelerated

Projects needing recalibration are rescheduled

And the result is clear:
An economy that grows — not collapses

This is the brilliance of the Saudi project:
Flexibility is not retreat…
It is a tool for endurance and sustainable momentum.

BETH’s Conclusion — A Deeper Reading Beyond the Headlines

What happened in one single week reveals that:

⭐ Saudi Arabia is not competing — it is leading.
⭐ Mega-projects are not structures — they are a philosophy of life.
⭐ The economy is no longer oil-dependent — it is the art of crafting the future.
⭐ Vision 2030 is no longer a plan — it is a reality unfolding before the world.

And therefore…
The question is no longer:
What will Saudi Arabia build next?
But rather:
What future will Saudi Arabia make the world walk toward?