NEOM must be the most amazing travel and tourism development project of mankind with funding on the way to proceed. NEOM in Saudi Arabia has signed an agreement with Riyad Bank for SAR 3 billion in ...

Saudi Arabia’s Public Investment Fund (PIF) has appointed consultants to review the feasibility of The Line, the ambitious 170km-long linear city planned as the centrepiece of the kingdom’s $500bn ...

NEOM — In a significant financial move, NEOM announced on Sunday that it has secured a revolving credit facility (RCF) worth SR10 billion. This new funding is set to bolster NEOM's liquidity for its ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Authorities working on the largest construction site in the world have ...

Saudi Arabia’s Neom, the company developing Crown Prince Mohammed bin Salman’s flagship megaproject, is looking to raise a 10 billion riyal ($2.7 billion) loan, according to people familiar with the ...

Touted as one of the most ambitious urban developments on the planet, NEOM is Saudi Arabia’s bold reimagination of the future. Stretching across desert, mountain, and coastline in the kingdom’s ...