Dubai, UAE – Saudi Arabia’s decision to end funding for the LIV Golf Series after the 2026 season is no longer an isolated sporting event. Rather, it is a new indicator of a broader shift in the Kingdom’s spending policy. This shift comes amid a growing budget deficit and the repercussions of the Iran-Iraq War. There is also the potential closure of the Strait of Hormuz. At the same time, it coincides with an increasing review of mega-projects that have consumed billions of dollars. Most notably, this includes the NEOM project.
