Saudi Arabia's IDF finances tourism projects
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Saudi Arabia's IDF finances tourism projects

Saudi Arabia's IDF finances tourism projects

The Saudi Industrial Development Fund has said it has provided more than SR125m in financing for investment projects related to tourism activities and services since the signing of a cooperation agreement with Saudi Commission for Tourism and Antiquities (SCTA) in this regard four years ago. As many as 105 projects concerning tourist accommodation, travel and tourism agencies, restaurants, and car rental companies have benefited from the Fund's Guarantees Programme, the report said.

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