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Tourism Development Fund, Dana Bay Tourism Co ink real estate deal worth $172m

RIYADH: The Tourism Development Fund has signed an agreement with Dana Bay Tourism Co. to finance a closed real estate fund worth SR 644 million ($172 million). The project entails the development of a mixed-use beach resort project in the Eastern Province that will include luxurious villas managed by IHG, which is represented by the InterContinental brand. It will include a

Saudi Arabia proclaims its investment prowess in Future Investment Initiative

RIYADH: With more than 6,000 of the world’s business leaders, policymakers, investors, entrepreneurs and tech experts, the 6th edition of the Future Investment Initiative proclaiming Saudi Arabia’s investment might and transforming business environment concluded in Riyadh on Oct 27. During Thursday’s session, delegates explored various issues, including the necessity of

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