- Farah - News Editor
NEOM today announced it has secured a new revolving credit facility (RCF) worth SAR 10 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.