Global Trade Alert
Global Trade Alert

Saudi Arabia: Launch of the USD 400 million Lifestyle Hospitality Fund

Announcement

24 Nov 2022

In the month of November 2022, the Tourism Development Fund announced the USD 400 million Lifestyle Hospitality Fund.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Nov 2022

Revocation date:

No revocation date

Updated: 24 Nov 2022
State aid, unspecified In force

On 24 November 2022, the Tourism Development Fund (TDF) and the private company Al Rajhi Capital announced the USD 400 million lifestyle hospitality fund. The stated aim of the fund is to provide s...

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