Saudi Arabia’s Red Sea Development Company

For 14 new hotels, Saudi tourism developer gets 14.12 billion riyal ‘green loan’

Wednesday, April 28, 2021

Saudi Arabia’s Red Sea Development Company, a flagship tourism project developer of this Kingdom, for 16 new hotels, has secured a 14.12 billion riyal ($3.77 billion) “green” loan from four Saudi banks, Chief Executive John Pagano informed Reuters on Tuesday. …

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Saudi Arabia’s Red Sea Development Company

For 14 new hotels, Saudi tourism developer gets 14.12 billion riyal ‘green loan’

PARTNERS

Subscribe to our Newsletters

REGIONAL NEWS

Europe

Czechia’s Spa Culture: A journey to wellness unveiled

Northern Ireland invites to witness the world class golf courses

America

CWT presents Business Travel Journalism Awards 2023 results

Nonstop Flights from Salt Lake City to Honolulu by Hawaiian Airline

Middle East

Regency Holidays sweeps inaugural Qatar Tourism Awards

Qatar tourism debuts Hayyakum Qatar winter campaign

Asia

Kempinski Hotels to lead luxury hospitality in future city of Xiong’an

Dusit’s first Malaysian venture: managing new hotel in Gamuda Cove, openin

UPCOMING SHOWS