Saudi wins $3.2billion 'green' loan for Red Sea tourism project
1 year ago
Saudi Arabia’s flagship tourism project developer, The Red Sea Development Company (TRSDC), has raised a SR14.12 ($3.77 billion) ‘green’ loan from four Saudi banks for 16 new hotels, Chief Executive John Pagano told Reuters on Tuesday. The hotels form part of a new high-end tourism development across islands, deserts and mountains near the country’s west […]
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