Saudi Arabia set to invest over $80bn in tourism sector - report
2012-03-17 - AMEinfo.com | Saudi Arabia | Latest News - Saudi Arabia: Saudi Arabia plans to pump more that than SR300bn ($80bn) into tourism related facilities such as hotels and airports, according to a new report by Al Mazaya Holding. The report recommended that both public and private sectors focus on corporate, governmental and group tourism, rather than individual travellers. The report is apparently based on a Saudi Council of Ministers' resolution to expand the Gulf kingdom's so-called 'conference tourism' sector.  

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