Saudi Public Investment Fund (PIF) is in talks with Italy’s Export Credit Agency (SACE) to obtain $3.1 billion worth of loan guarantees, Bloomberg reported, citing informed sources. The sources added ...

NEOM secured on Monday a landmark financing agreement with Italy’s SACE, securing approximately $3 billion under a long-term multicurrency untied facility. With this move, NEOM aims to support the ...

Saudi Fisheries Co. announced completing the evacuation procedures for its land in Jeddah in favor of state property, with the compensation set at SAR 36.3 million, according to a statement to Tadawul ...

Hickey revealed that NEOM’s development efforts are concentrated on six regions: four tourism destinations—Trojena, Magna, The Islands, and the Nature Reserve—and two urban hubs, The Line and Oxagon.

The developer is currently focusing on six regions of NEOM – four tourism destinations, namely Trojena, Magna, The Islands and the Nature Reserve, and two cities The Line and Oxagon. Excavation and ...