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 ...

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 ...