Global Trade Alert
Global Trade Alert

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

Announcement

28 Sep 2020

In September 2020, the Saudi Tourism Development Fund signed SR 43 billion loan agreement with Riyadh Bank and Banque Saudi Fransi 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

28 Sep 2020

Revocation date:

No revocation date

Updated: 28 Sep 2020
State loan In force

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 ...

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