Saudi Arabia’s Tourism Development Fund (TDF) has launched the Tourism Finance Program to promote the use of tech solutions and soft financing products amongst small and micro-enterprises. The move will help the latter capitalize on the many opportunities in different segments of the tourism sector. As part of a financing agreement signed by the TDF with the Arab National Bank, concrete efforts would be made to enhance tourism opportunities in the main destinations identified by the National Tourism Strategy. It is hoped that by supporting micro and small entrepreneurs, the program will be instrumental in realizing the various goals of the TDF.
