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Saudi tourism fund deploys cloud first strategy with Oracle

Saudi tourism fund deploys cloud first strategy with Oracle
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Saudi Arabia and World Bank create $100m fund to develop sustainable tourism

SHARE Saudi Arabia, in partnership with the World Bank, pledged $100 million to create a global fund for inclusive tourism, according to the kingdom’s tourism minister Ahmed Al Khateeb. “This will be the first and the only global fund dedicated solely to sustainable international tourism growth,” Mr Al Khateeb said at the Tourism Recovery Summit 2021 in Riyadh on Wednesday. “This is a significant step towards a more inclusive, resilient and sustainable future for our sector, an opportunity to create a more responsible approach to tourism that uplifts communities and drives economies while preserving the environment and respecting local cultures,” Mr Al Khateeb said.

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