Saudi Arabia announces first batch of hospitality investment projects worth $1.78bn
- Saudi Arabia has approved 19 hospitality projects worth $1.78 billion under the Hospitality Investment Enablers Program, expected to create over 17,000 jobs.
- The projects will be implemented in five destinations: Al-Baha, Al-Ahsa, Jeddah, Asir, and the Eastern Province, involving 19 participating companies.
- These initiatives aim to reduce operating costs and enhance the investment appeal of hospitality projects throughout the Kingdom.
