Saudi Arabia and the Olympic Council of Asia have agreed to postpone the 2029 Asian Winter Games. The event was originally planned for a new desert ski resort in the planned Saudi mega city of Neom. No new date or reason for the delay was immediately disclosed.

The postponement represents a setback for Saudi Arabia's high-profile sports ambitions and its efforts to diversify its economy beyond oil. Hosting the games was a key part of Neom's marketing, a futuristic $500 billion city project. This delay raises questions about the project's timeline and the kingdom's ability to deliver such complex events.

The decision likely stems from logistical and construction challenges in building a viable ski resort in a desert climate. Investors and business leaders will watch for any impact on Neom's broader development plans. The postponement also affects regional sports bodies and sponsors who had begun planning for the event.