RIYADH: 海角直播's聽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.
海角直播鈥檚聽Tourism Development Fund 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.
Under the deal, the tourism fund provide funds for the development of 鈥淒urrat Lagoon,鈥 which will be operated by Hotel Indigo.
鈥淭he financing and support services provided by the Tourism Development Fund contribute significantly to enhancing the experiences of investors and the value of their projects, as well as boosting the Kingdom鈥檚 ability to attract tourists from around the world,鈥 Mohiuddin Saleh Kamel, vice chairman of Dallah Al-Baraka Group, said.
The second agreement was signed with 17Sixty to provide a variety of recreational activities enabling visitors of Durrat Al-Arous resort to safely explore the depths of the Red Sea.
鈥淭DF is focused on providing innovative solutions that link investors to the abundant opportunities in the Saudi tourism sector, contributing to achieving the objectives of the National Tourism Strategy and consolidating the Kingdom鈥檚 position as a tourist destination that attracts visitors from all over the world,鈥 the fund鈥檚 CEO, Qusai Al-Fakhri, said.
