We report a new study of the X-ray absorption spectrum of Neon near the K-edge and near the KL-edge. The study is performed by calculating the transition probabilities and oscillator strengths for excitations from the ground state to singly and doubly excited states, the calculations were performed using multi-configurational Dirac-Fock (MCDF) method. Breit interaction between electrons and finite nuclear size effects were taken into account during the calculations, the transition probabilities were convoluted into Lorentzian line shape profiles. The results of the calculations were then compared to previous measurements of the X-ray absorption spectrum of Neon, good agreement was observed and many features in the spectrum were explained.