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Saudi Arabia: Tourism Development Fund signs SR 43 billion loan agreement with Riyadh Bank and Banque Saudi Fransi

Description

On 28 September 2020, the Saudi Tourism Fund signed a loan agreement with Riyadh Bank and Banque Saudi Fransi with the amount of SR 160 billion (approx USD 42.6 billion) to finance projects and to all...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Sep 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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