Saudi Arabia's grand vision of a future without oil, outlined in Vision 2030, has hit a snag. Once a beacon of ambition, the kingdom's spending spree on megaprojects like The Line and Trojena has been scaled back, leaving a trail of unfulfilled promises. The crown jewel of this endeavor, the LIV Golf Tour, has been reassessed as a costly dud. This shift from fantasy to realism is not just a recalibration but a reflection of the kingdom's changing priorities and the challenges it faces. The war in the Middle East has sent a shockwave through the region, raising doubts about the future direction of Vision 2030. The reassessment of the kingdom's grand vision is not just a financial adjustment but a strategic shift, a move from ambition-led to execution-led phase. The Saudi authorities are trying to portray this as a break with the past, a move towards transparency and accountability. However, the question remains: can this new direction save Vision 2030, or is it a retreat from the grand vision that once captivated the world?
