The Tourism Development Fund (TDF; Arabic: صندوق التنمية السياحي) is a Saudi government investment fund established to support financing and investment in the tourism sector in Saudi Arabia. The fund was established by royal order in June 2020 with capital of US$4 billion, equivalent to SAR 15 billion, as part of Saudi Arabia's efforts to develop tourism and diversify its economy.
The Tourism Development Fund (TDF; Arabic: صندوق التنمية السياحي) is a Saudi government investment fund established to support financing and investment in the tourism sector in Saudi Arabia. The fund was established by royal order in June 2020 with capital of US$4 billion, equivalent to SAR 15 billion, as part of Saudi Arabia's efforts to develop tourism and diversify its economy.
Source: Wikipedia "Tourism Development Fund" · CC BY-SA 4.0
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