Saudi Arabia knows the day is coming when the world stops needing oil — and its Public Investment Fund is a bet placed by one generation on behalf of the next, spending the last decades of oil revenue on hotels, football leagues, and entire cities in the empty desert, so the grandchildren of today’s leaders inherit a country worth having

1.0Israel News Beep | NewsBeep.comhttps://www.newsbeep.com/ilNEWSBEEPhttps://www.newsbeep.com/il/author/newsbeep/Saudi Arabia knows the day is coming when the world stops needing oil — and its Public Investment Fund is a bet placed by one generation on behalf of the next, spending the last decades of oil revenue on hotels, football leagues, and entire cities in the empty desert, so the grandchildren of today’s leaders inherit a country worth havingrich600338<blockquote class="wp-embedded-content" data-secret="KKnUrfLYEu"><a href="https://www.newsbeep.com/il/557727/">Saudi Arabia knows the day is coming when the world stops needing oil — and its Public Investment Fund is a bet placed by one generation on behalf of the next, spending the last decades of oil revenue on hotels, football leagues, and entire cities in the empty desert, so the grandchildren of today’s leaders inherit a country worth having</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.newsbeep.com/il/557727/embed/#?secret=KKnUrfLYEu" width="600" height="338" title="“Saudi Arabia knows the day is coming when the world stops needing oil — and its Public Investment Fund is a bet placed by one generation on behalf of the next, spending the last decades of oil revenue on hotels, football leagues, and entire cities in the empty desert, so the grandchildren of today’s leaders inherit a country worth having” — Israel News Beep | NewsBeep.com" data-secret="KKnUrfLYEu" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.newsbeep.com/il/wp-includes/js/wp-embed.min.js </script> https://www.newsbeep.com/il/wp-content/uploads/2026/07/Posts-1600840-2026-07-24T114242.702-768x403.png600315