Saudi Arabia’s NEOM announced on Sunday that it has secured a new revolving credit facility (RCF) worth SAR10 billion. It represents another milestone for NEOM as it progresses with the development of major projects and will be used to support NEOM’s short-term financing requirements. The RCF, which follows a Murabaha structure, reflects a continuation of NEOM’s strategy to diversify its sources of funding.
Saudi Arabia s Fakeeh Care Group, one of the largest private hospital groups in the kingdom, has said it planned to proceed with an initial public offering (IPO) through the sale of a 21.47% stake in existing and new shares.
This evening we hosted IJGlobal Awards 2023 for the Middle East and North Africa at the Four Seasons Resort at Jumeirah Beach, Dubai, to celebrate regional achievements over the course of the last calendar year
Saudi main index sees growth rate of 17%: official data arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.