INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Saudi Arabia okays six tourism projects worth $400 million

The kingdom is an under-discovered destination with a rich cultural tradition and a great deal to offer.
  • Saudi Arabia’s Tourism Development Fund, on its official Twitter account, stated that it launched three main programs
  • The fund also concluded partnerships and agreements with the Ministry of Culture, the Cultural Development Fund, Radisson Blu and Deutsche Hospitality

Saudi Arabia has okayed six tourism projects to the tune of $400 million in the first quarter of 2022.

Saudi Arabia’s Tourism Development Fund, on its official Twitter account, stated that it launched three main programs, in cooperation with the Small and Medium Enterprises Loan Guarantee Program.

The fund also concluded partnerships and agreements with the Ministry of Culture, the Cultural Development Fund, Radisson Blu and Deutsche Hospitality.