News
13 November 2024

Saudi Neom 'gets $3bn loan guarantees from SACE'

In:
Infrastructure
Region:
Middle East & Africa

SACE will issue $3 billion in loan guarantees to help Saudi Arabia develop a sprawling futuristic megacity.The Italian ECA agreed on 80% guarantees for loans from international banks backing Neom, the project to build a new urban area that will be bigger than Belgium, according to people familiar...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...

Perspective
11 December 2025

Sizewell C: DFI/ECA collaboration for new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...