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Saudi Arabia s Neom Seeks $2 7 Billion Loan to Build Futuristic City

Saudi Arabia s Neom Seeks $2 7 Billion Loan to Build Futuristic City
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Saudi Arabia s Neom seeks $2 7 billion loan to build futuristic city

Neom is the biggest project in his plan to diversify the country’s oil-dependent economy

Saudi Arabia seeks $2 7bn loan to build megacity

Saudi Arabia is reportedly seeking to raise $2.7 billion (10bn riyals) to proceed with the development of its ambitious smart megacity project, Neom, according to Bloomberg. The report cites source.

Neom: Saudi Arabia s megaproject seeking $2 7bn loan

Early stages of $500bn project will be financed by domestic lenders, according to Bloomberg

Saudi Arabia s megacity seeking $2 7bn loan

Saudi Arabia is reportedly seeking to raise $2.7 billion to proceed with the development of its ambitious smart megacity project, Neom.

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