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Tourism Development Fund

2024 Highlights

People

Saudisation
98%
Women in the workplace:
39%
Average training hours provided to employees
32

Economic Impact

Total capital deployed:
SAR 3.8 Bn
Total capital unlocked:
SAR 15.2 Bn
Number of expected keys:
4,000+ keys
Total projects:
970+ Projects
Total expected economic contribution to the GDP:
SAR 4 Bn

Community

SMEs supported:
4,200 SMEs
Expected jobs created:
42,000+
Total investments secured for start-ups:
SAR +20 Mn
Total number of intellectual property models registered:
9

Environment

Recycling Rate
69%
  • Achieved ISO 41001 certification for facility management

Customer Privacy & Data Protection

instances of identified leaks, thefts, or losses of customer data
0

Governance & Strategy

of the 2024 implementation target achieved, representing
100%
completion of TDF’s overall ESG strategy
40%
  • Established ESG KPIs at Board level
  • Launched ESG-integrated debt products, offering incentives for projects with positive environmental and social impacts
  • Expanded the Steering Committee’s mandate to include ESG oversight
  • Achieved ISO 31000

    Risk Management

  • Achieved ISO 31022

    Legal Risk Management

  • Achieved ISO 22301

    Business Continuity Management

Awards and recognition

Awarded the Chartered Institute of Procurement & Supply Procurement Excellence Standard, a globally recognised benchmark for best-in-class procurement practices

Partnerships and MOUs

Qusai Al-Fakhri, CEO of TDF, joins the Executive Committee of the World Travel & Tourism Council (WTTC)

Signed three MOUs to collaboratively enhance the tourism sector by developing infrastructure, promoting sustainability, and exploring new hospitality opportunities.

  • Unaizah Tourism Cooperative Association
  • Dusit International
  • Karisma Hotels and Resorts International