09 December 2024 | TDF in the News
EFQM Recognizes Tourism Development Fund with “Qualified” Certification
The Tourism Development Fund (TDF), the national enabler of the Kingdom’s tourism sector, has been awarded the “Qualified” certification as an organization using the EFQM Model by the European Foundation for Quality Management.
The Assessment covered seven main criteria: strategy, leadership, sustainability, organizational performance, stakeholder engagement, performance indicators results, and stakeholder perceptions.
Qusai Al-Fakhri, CEO, TDF, said: “Receiving accreditation from the EFQM is a testament to our unwavering commitment to excellence in governance and operational standards. This milestone underscores our dedication to empowering stakeholders, from investors to entrepreneurs, and driving sustainable growth in the tourism sector." He also extended his gratitude to TDF team, whose efforts and dedication made this success possible.
Founded in1989 and headquartered in Brussels, EFQM focuses on guiding organizations toward sustainable performance through continuous transformation and improvement. Its framework aims to help organizations achieve the highest standards of quality by evaluating and enhancing their strategies and practices.
Other News
18 May 2023 | TDF in the News
Saudi Tourism Development Fund Collaborates with Hyatt to Develop Hospitality Focused Destinations in Saudi Arabia
Expanding its roster of collaborators, the Tourism Development Fund (TDF) has announced the signing of a Memorandum of Understanding with an affiliate of Hyatt Hotels Corporation to establish luxury hotels across the Kingdom of Saudi Arabia.
17 May 2023 | TDF in the News
TDF Announces Partnership with Radisson Hotel Group to Develop Several Hotels and Resorts Across Saudi Arabia
The Tourism Development Fund (TDF) has announced the signing of a Memorandum of Understanding (MoU) with the Radisson Hotel Group to develop hospitality and tourism projects across the Kingdom of Saudi Arabia. The first project under this memorandum is expected to be announced in H2 of 2023.