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HomeThe Red Sea Dev.

The Red Sea Dev.

The Red Sea Dev.

Red Sea Global and Hyundai Motor Signs MOU for eco-friendly mobility solutions

March 25, 2024 Mohammad S
Saudi Arabia’s Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA, and Hyundai Motor Group (the Group) have …
The Red Sea Dev.

Red Sea Global Secures Financial Close on SAR 2 Billion Debt Financing with Riyad Bank

February 11, 2024 Mohammad S
Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and Amaala, has announced the successful completion of a SAR 2 …
The Red Sea Dev.

Red Sea Global and Kingdom Holding signs a 2bn SR Joint Venture

October 24, 2023 Mohammad S
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has announced the successful completion …
The Red Sea Dev.

Red Sea Global, Zain KSA to launch the world’s first zero-carbon 5G network

August 13, 2023 Mohammad S
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, and Zain KSA, leading telecom …
Construction

Elegancia Arabia Awarded two additional MEP Projects on Al Shura Island in Saudi Arabia

July 9, 2023 Mohammad S
Qatar’s Estithmar Holding Q.P.S.C announced that, its subsidiary in the Kingdom of Saudi Arabia “Elegancia Arabia Trading Company”, has been awarded two new MEP package …
The Red Sea Dev.

Red Sea Global partners with Saudi Airlines Catering Company

July 5, 2023 Mohammad S
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, announced in a statement that …
Construction

Qatar’s Estithmar Holding Subsidiary awarded MEP Works for three Hotels in Saudi Arabia

April 11, 2023 Mohammad S
Estithmar Holding Q.P.S.C announced in a statement that, its Subsidiary “Elegancia Arabia Trading Company”, has been awarded the MEP Package Works for the Prestigious Central …
Construction

Red Sea Global and Four Seasons to Introduce New Resort in Saudi Arabia

March 2, 2023 Mohammad S
Leading luxury hospitality company Four Seasons Hotels and Resorts and Red Sea Global (RSG), a closed joint stock company wholly owned by the Public Investment …
Construction

First overwater villa installed at The Red Sea’s Sheybarah Island Resort

February 26, 2023 Mohammad S
Mammoet welcomed the start of 2023 with the delivery of the very first batch of modularly constructed villas for Red Sea Global’s Sheybarah Island Resort. …
Construction

Red Sea Global announces Commercial Close on $288m Al Mutlaq Group Joint Venture Debt Financing

January 25, 2023 Mohammad S
Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, announced in a statement that …

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