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...

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