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23 July 2020 | TDF in the News
CEO of Tourism Development Fund: the Fund Aims to Facilitate Investment in Tourism Sector
The CEO of the Tourism Development Fund, Qusai AI-Fakhri has revealed that the fund aims to stimulate and facilitate investment in the tourism sector, which is one of the most promising economic sectors in the Kingdom of Saudi Arabia.
Al-Fakhiri pointed out that the launch of the Tourism Development Fund reflects the vital importance of the tourism industry as a long-term engine of the Kingdom's economy, and provides tremendous opportunities for local and international investors to implement promising projects that will enhance and raise the level of the tourism experience in the Kingdom.
Other News
22 November 2021 | TDF in the News
His Excellency Al-Khateeb: Private sector investments in tourism already beginning to pay off
His Excellency Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of Directors of the Tourism Development Fund (TDF), today praised the Fund’s achievements since its establishment last year, which are contributing significantly to the progress of Saudi Arabia’s National Tourism Strategy (NTS).
27 October 2021 | TDF in the News
Tourism Development Fund, Ennismore Sign MoU to Explore USD 400 Million Investment Fund
The Tourism Development Fund (TDF) and Ennismore today signed a Memorandum of Understanding (MoU) at the 5th Future Investment Initiative (FII) in Riyadh to explore the establishment of a USD 400 million (SAR 1.5 billion) fund that would bring Ennismore’s lifestyle brands to at least 12 destinations in Saudi Arabia.
28 September 2021 | TDF in the News
Saudi Tourism Development Fund signs financing agreements to develop Jeddah projects
Saudi Arabia's Tourism Development Fund (TDF) signed two financing agreements with Dallah Al-Baraka Group and Dallah Real Estate Company, to develop a tourism project at the Durrat Al-Arous resort in Jeddah, accordign to an emailed statement.