X
01Oct

Saudi Arabia's New Tourism Development Fund

Jones Day | | Return|
The Situation: On June 21, 2020, the Saudi Minister of Tourism, Ahmed Al-Khateeb, announced the creation of a Tourism Development Fund ("Fund") with an initial capital of SAR 15 billion (approximately US$4 billion). The Goal: The National Transformation Program ("NTP") aims at, among other things, marketing Saudi Arabia as a tourist destination regionally and globally....
By: Jones Day
Source Url: https://www.jdsupra.com/legalnews/saudi-arabia-s-new-tourism-development-37035/

Related

New Implications of the EU Working Time Directive

The European Court of Justice recently held that EU member states must require employers to set up a...

Read More >

Court Sides With Nurse in Discrimination Suit

Claims of racial bias brought by a black nurse who was reassigned by her employer after a white pati...

Read More >

Construction and Virginia's New Wage Laws

Of the record number of new laws in Virginia, a trio of wage laws will arguably have the biggest imp...

Read More >

California State Court Yields To FMCSA’s Preemption Determination Over Drivers’ Meal And Rest Break Claims

Seyfarth Synopsis: Following the Federal Motor Carrier Safety Administration’s determination in Dec...

Read More >

Construction Industry Economics Respecting COVID-19 Mixed But Positively Trending

The Architecture Billings Index (ABI) is a composite index derived from monthly report surveys from ...

Read More >

Veterans Turned Away Because Of Service Animals: Lessons You Can Learn

The United States Department of Justice (DOJ) recently announced settlements with two hotel properti...

Read More >