Tourism Development Fund Signs Financing Agreement with Shada Development Company for new hotel

Tourism Development Fund Signs Financing Agreement with Shada Development Company for new hotel

Saudi Arabia’s Tourism Development Fund (TDF) announced today the signing of a financing agreement with Shada Real Estate Development and Investment Company. The agreement is to establish a 4-star boutique hotel featuring 110 hotel rooms in Jeddah, one of the targeted tourist destinations. The hotel will be designed with a mix of the architectural styles of Makkah region and the local style.

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Tourism Development Fund Signs Financing Agreement with Shada Development Company for new hotel

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