Saudi Arabia cuts $200m in Met Opera House funding due to Iran war: Report

NEWS SUMMARY

Saudi Arabia has reportedly withdrawn a $200 million funding commitment to the Metropolitan Opera House in New York City. The kingdom cited economic impacts from the war on Iran and disruptions to oil transit as reasons for prioritizing essential projects.

Full BriefGenerated 0m ago

Submitted by MEE staff on Fri, 04/24/2026 - 18:15 General manager of NYC's famed opera venue said Saudi Arabia pulled funding because of economic impact war was having on kingdom Saudi Arabian Finance Minister Mohammed al-Jadaan departs a press briefing at the 2026 IMF and World Bank Group Spring Meetings in Washington, DC, on 17 April 2026 (Kent Nishimura/AFP) Off Saudi Arabia has pulled out of a $200m deal to support New York City’s Metropolitan Opera House due to economic hits it has suffered

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