Riyadh, July 23, 2020, SPA – The CEO of the Tourism Development Fund, Qusai AI-Fakhri has revealed that the fund aims to stimulate and facilitate investment in the tourism sector, which is one of the most promising economic sectors in the Kingdom of Saudi Arabia. Al-Fakhiri pointed out that the launch of the Tourism Development Fund reflects the vital importance of the tourism industry as a long-term engine of the Kingdom's economy, and provides tremendous opportunities for local and international investors to implement promising projects that will enhance and raise the level of the tourism experience in the Kingdom. --SPA 13:55 LOCAL TIME 10:55 GMT 0006 www.spa.gov.sa/w1376570