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TDF in deal to develop beach resort in Eastern Province

Saudi Tourism Development Fund (TDF) has sealed a SR644 million ($175.3 million) deal with Dana Bay Tourism to develop a mixed-use beach resort project in the Eastern Province featuring a mix of luxurious villas, retail stores and restaurants. ....

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ttnworldwide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttnworldwide.com Daily Mail and Mail on Sunday newspapers.

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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 ....

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