Saudi Arabia and Its Futuristic Real-Estate Ambitions Steal the Show in Cannes

Thousands gathered at the Mipim conference in Cannes, but Saudi Arabia's futuristic projects stole the limelight. The kingdom showcased its ambitious plans including a ski resort and a quarter-mile-high cube. Amid a subdued atmosphere in the property sector, the Saudis succeeded in stimulating intrigue among global investors, marking a shift in foreign investment trends. This marks a significant shift as the kingdom's projects begin to attract attention from investors outside the oil sector.