RIYADH, May 14 (Reuters) - Saudi Arabia plans to merge
the company behind its Qiddiya desert mega leisure development
with entertainment business SEVEN, Qiddiya said on Tuesday in
what sources told Reuters was a move to get the
multi-billion-dollar project back on track.
Delays have beset the kingdom's efforts to open up the
economy and ease tight social restrictions, with Qiddiya years
behind schedule.
The merger is designed to ensure the multi-billion-dollar
scheme which includes a massive sports stadium for World Cup
2034 is ready to open its gates in time to welcome millions of
fans to the world's biggest sporting event, said one of the
sources.