Saudi Arabia has approved 19 projects across five tourism destinations under its Hospitality Investment Enablers Program, which is expected to attract SR6.7 billion ($1.78 billion) in investment and create more than 17,000 jobs.
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The Ministry of Tourism and the Ministry of Investment have announced the first batch of projects approved under the Hospitality Investment Enablers (HIE) Program at a joint event held in Riyadh.
Qatari Diar has launched an investment zone at its mega-tourism development project in Egypt as the Gulf developer aims to attract more foreign capital.
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Diriyah Company has awarded two construction contracts to build six luxury hotels and 34 branded residences in Diriyah Square, accelerating work on the giga-project.
