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FINANCIAL NEWS
Saudi- USD1.3b to be invested in tourism
08 May 2013
(MENAFN) The Saudi Commission for Tourism and Antiquities chairman, prince Sultan bin Salman has announced projects worth USD1.3 billion.
He added that a zero interest loan scheme is expected to attract investors.
An emphasis on strategic finance managing is needed in order to boost investor confidence, as banks place strict policies on obtaining finance.
It is worth noting that over USD1.4 billion dollars in infrastructure investments are needed in order to establish a basis for development projects.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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