BRIEF-Saudi Arabia's PIF launches cruise line company to boost tourism industry

Jan 28 (Reuters) -

* SAUDI ARABIA'S PUBLIC INVESTMENT FUND SAYS IT IS LAUNCHING A CRUISE LINE COMPANY AS PART OF ITS PLAN TO BOOST KINGDOM'S TOURISM INDUSTRY

* NEW COMPANY, CALLED CRUISE SAUDI, WILL BE BASED IN RED SEA CITY OF JEDDAH

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