Global Trade Alert
Global Trade Alert

Saudi Arabia: Ministry of Tourism Launches Tourism Development Fund

Announcement

21 Jun 2020

On June 2020, the Ministry of Tourism launched the Saudi Tourism Development Fund with the amount of USD 4 billion to support the tourism sector. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Jun 2020

Revocation date:

No revocation date

Updated: 21 Jun 2020
Capital injection and equity stakes (including bailouts) In force

On 21 June 2020, the Ministry of Tourism launched the Saudi Tourism Development Fund with a capital of USD 4 billion to develop the tourism sector. The tourism Fund will launch debt and equity inve...

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