Global Trade Alert
Global Trade Alert

Saudi Arabia: Tourism Development Fund provides funding for a five-star hotel project

Announcement

25 May 2022

In May 2022, the Tourism Development Fund of Saudi Arabia announced providing funding for a five-star hotel project.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 May 2022

Revocation date:

No revocation date

Updated: 25 May 2022
State loan In force

On 25 May 2022, the Tourism Development Fund (TDF) of Saudi Arabia announced signing a financing agreement worth SAR 238 million (USD 63 million) with Rimal AlKhobar Real Estate Co to support the d...

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