CAIRO (Reuters) - Saudi Arabia has launched the Wadi Al Disah Development project, which could help boost sustainable tourism-related job opportunities, Saudi Public Investment Fund said in a statement late Tuesday.
The Public Investment Fund will set up a company to develop the project that is located within the Prince Mohammed bin Salman Natural Reserve, the statement carried by Saudi Press Agency (SPA) added.
Sustainable tourism is the concept of visiting a place as a tourist and trying to make a positive impact on the environment, society, and economy.
Saudi Arabia's King Salman on Tuesday inaugurated 151 projects in the northern province of Tabuk valued at more than 11 billion riyals ($2.9 billion), the Saudi state news agency SPA reported.
The northern province of Al-Jawf is the 82-year-old king's next stop. King Salman, who is on a domestic tour, has been meeting citizens and launching development projects over several weeks, including in Qassim and Hail provinces.
(Reporting by Saeed Azhar; Writing by Mohamed Elsherif, Editing by Sherry Jacob-Phillips)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
