WSJ: What went wrong at Saudi Arabia’s futuristic metropolis in the desert

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THE WALL STREET JOURNAL’s Eliot Brown writes:

It was supposed to be a launch party for the new Saudi Arabia.

Will Smith, Tom Brady and other celebrities gathered on a sandy island in the Red Sea packed with luxury hotels. Superyachts floated nearby while Alicia Keys played for business executives who had flown in from London and New York. Spotlights blared into the night sky.