Saudi Capital to Cut Population Goal as City Reviews Strategy

  • Riyadh to target total population of 10 million by 2030
  • City previously envisioned housing 15 million people

Saudi Arabia’s capital is set to pull back on its target to double its population by 2030 as it reconfigures plans designed to support Crown Prince Mohammed bin Salman’s multi-trillion dollar agenda to diversify the kingdom’s economy.

Riyadh is eyeing 10 million residents by the start of the next decade, according to people familiar with the matter, who asked not to be identified discussing private information.