Saudi Arabia’s Tourism Development Fund signed an agreement with Riyadh Bank and Banque Saudi Fransi to finance up to 160 billion riyals ($43 billion) of tourism projects in the kingdom, state news agency SPA reported.

In other news, Saudis working in private sector enterprises affected by the pandemic will receive a three-month extension of support from the government, the Saudi General Organization for Social Insurance (GOSI) announced on Tuesday.

To read about this and more of the week’s news from the Kingdom, click here.

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