TDF signs MoU with Saudi Endeavor Network

Saturday, September 24, 2022

The Tourism Development Fund (TDF) inked a Memorandum of Understanding (MoU) with the Saudi Endeavor Network, for increasing opportunities for collaboration between the two parties for backing and enabling local and global entrepreneurs in the tourism division. This will help them gain advantage from support programs, funding and investment solutions, and facilities provided by both parties.

The agreement will assist in promoting the progress of entrepreneurs in the tourism sector. It aims to improve tourism experiences in Saudi Arabia, confidently reveal the opulence of the tourism sector, and create first-rate projects for tourism destinations by augmenting prospects for entrepreneurs, and improving the economic growth of the Kingdom.

The Memorandum of Understanding was signed at the third edition of the “Future Hospitality Summit.” It was hosted in Dubai, which had the attendance of TDF’s Chief Business Officer, Wahdan Alkadi, and the CEO of Saudi Endeavor Network, Latifa Al-Waalan.

The two parties will also better their prevailing integration for their mutual benefit, for supporting the local and global entrepreneurs in tourism.

The agreement will also provide the targeted entrepreneurs with the opportunity to know and meet investors in the Kingdom, for generating new investment prospects in the tourism sector.

This networking prospect will also enable marketing openings for the entrepreneurs within the tourism system.

Endeavor will recognize entrepreneurs within the Endeavor global network and authorize them with the Fund’s various programs and products.

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