# Red Sea Global

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{{Short description|Saudi real estate development company}}
{{Use dmy dates|date=April 2024}}
{{Infobox company
| name = Red Sea Global
| logo = Red Sea Global Logo.svg
| native_name = البحر الأحمر الدولية
| type = [Private](/source/Privately_held_company)
| native_name_lang = ar
| former_name = The Red Sea Development Company (TRSDC)
| industry = [Real estate development](/source/Real_estate_development)
| founded = {{Start date and age|df=yes|2017|07|31}}<ref>{{cite web |url=https://www.pif.gov.sa/en/news-and-insights/press-releases/2017/red-sea-project/ |title=His Royal Highness the Crown Prince announces the launch of The Red Sea Project as an international tourist destination as part of the Kingdom's 2030 Vision |author=<!--Not stated--> |date=2017-07-31 |website=pif.gov.sa |publisher= Public Investment Fund|access-date=2024-04-25 |quote=}}</ref>
| hq_location_city = [Tabuk](/source/Tabuk_Region)
| founder = [Mohammed bin Salman](/source/Mohammed_bin_Salman)
| hq_location_country = Saudi Arabia
| key_people = {{ubl|[Mohammed Bin Salman](/source/Mohammed_bin_Salman) ([Chairman](/source/Chairman))<ref>{{cite web |url=https://www.redseaglobal.com/en/leadership |title=Leadership |author=<!--Not stated--> |date= |website=redseaglobal.com |publisher=Red Sea Global |access-date=2024-04-25 |quote=}}</ref>|John Pagano ([CEO](/source/Chief_executive_officer))<ref>{{cite news |author=<!--not stated--> |date=2022-10-26 |title=Beyond Sustainability: John Pagano |url=https://www.theceomagazine.com/executive-interviews/hospitality-tourism/john-pagano/ |work=The CEO Magazine |location= |access-date=2024-04-25}}</ref>|Ahmad Darwish ([CAO](/source/Chief_administrative_officer))}}
| owner = [Public Investment Fund](/source/Public_Investment_Fund)
| subsidiaries = [The Red Sea Project](/source/The_Red_Sea_Project)<br />[Amaala](/source/Amaala)<br />Thuwal<br />RSG Hospitality<br />Fly Red Sea<br />Red Sea Residences<br />Botanica<br />Red Sea Health
| website = {{URL|https://www.redseaglobal.com/en/}}
}}

'''Red Sea Global''' ('''RSG'''; {{Langx|ar|البحر الأحمر الدولية}}), previously '''The Red Sea Development Company''',<ref>{{cite news |author=<!--not stated--> |date=2019-09-28 |title=Red Sea Development Company awards contract to begin ground-work for staff village |url=https://www.argaam.com/en/article/articledetail/id/1317203 |work=Argaam |location= |access-date=2024-04-25}}</ref> is a [real estate development](/source/real_estate_development) company based in [Tabuk](/source/Tabuk_Region), [Saudi Arabia](/source/Saudi_Arabia). The company was founded in July 2017 by the Saudi [crown prince](/source/Crown_Prince_of_Saudi_Arabia) [Mohammed bin Salman](/source/Mohammed_bin_Salman), and is owned by the [Public Investment Fund](/source/Public_Investment_Fund).<ref>{{cite news |last=Foreman |first=Colin |date=2017-08-01 |title=Riyadh launches Red Sea project |url=https://www.meed.com/riyadh-launches-red-sea-project/ |work=Meed |location= |access-date=2024-04-25}}</ref> As one of Saudi Arabia's [Vision 2030](/source/Saudi_Vision_2030) goals, Red Sea Global aims to diversify the [Saudi economy](/source/Economy_of_Saudi_Arabia) away from [fossil fuels](/source/Fossil_fuel) by contributing to the growth of its tourism sector.<ref>{{cite news |last=Hodgetts |first=Robb |date=2024-01-03 |title=Why Saudi Arabia's Red Sea coast could be the next big luxury tourism destination |url=https://www.cnn.com/travel/saudi-arabia-red-sea-coast/index.html |work=CNN |location= |access-date=2024-04-25}}</ref>

==History==
Red Sea Global was officially launched by the Saudi [Public Investment Fund](/source/Public_Investment_Fund) on 31 July 2017 as "The Red Sea Development Company". It is one of the 5  [Saudi Vision 2030](/source/Saudi_Vision_2030) megaprojects which are [Neom](/source/Neom), [Roshn](/source/Roshn), [Qiddiya City](/source/Qiddiya_City), and [Diriyah](/source/Diriyah) Company.<ref>{{cite web |url=https://www.pif.gov.sa/en/Pages/OurInvestments-GigaProjects.aspx |title=A proven track record of delivering some of the world's most renowned projects |author=<!--Not stated--> |date= |website=pif.gov.sa |publisher=PIF |access-date=2024-02-01 |quote=}}</ref>

In June 2023, Red Sea Global signed a deal with [Al-Ahli Football Club](/source/Al-Ahli_Saudi_FC) to become its platinum sponsor.<ref>{{cite news |author=<!--not stated--> |date=2023-06-23 |title=Red Sea Global signs sponsorship deal with Saudi Arabia's Al-Ahli Football Club |url=https://www.arabnews.com/node/2326766/sport |work=Arab News |location= |access-date=2024-05-12}}</ref>

In July 2025, Red Sea Global signed a three year sponsorship deal with South Korean esports organization [T1](/source/T1_(esports)). The terms of the agreement include the company's name on the front of T1's jerseys, and sponsoring T1's video content.<ref>{{cite web |title=Red Sea Global Strikes Landmark Three-Year Sponsorship Deal With Esports Powerhouse T1 |url=https://www.invenglobal.com/articles/19479/red-sea-global-strikes-landmark-three-year-sponsorship-deal-with-esports-powerhouse-t1 |author=Kim Hong-je|publisher=Inven Global |access-date=21 July 2025 }}</ref><ref>{{cite web |title=T1 secures partnership with tourism company Red Sea Global |url=https://esportsinsider.com/2025/07/t1-secures-partnership-with-tourism-company-red-sea-global |author=Davide Xu|publisher=Esports Insider |access-date=27 July 2025 }}</ref>

==Projects==

===The Red Sea Project===
{{Main|The Red Sea Project}}
thumb|One of the 92 islands that form an archipelago at The Red Sea tourism destination on the west coast of Saudi Arabia.
Built in an [archipelago](/source/archipelago) consisting of 92 different islands, [The Red Sea Project](/source/The_Red_Sea_Project) is the largest of Red Sea Global's projects in terms of scale. The Construction of the project official began in February 2019.<ref>{{cite news |author=<!--not stated--> |date=2019-02-28 |title=Saudi Arabia begins initial phase of constructions to build The Red Sea Project |url=https://english.alarabiya.net/life-style/travel-and-tourism/2019/02/28/Saudi-Arabia-begins-initial-phase-of-constructions-to-build-The-Red-Sea-project |work=Al Arabiya |location= |access-date=2024-04-25}}</ref> 

The project includes the following destinations:
*[Shura Island](/source/Shura_Island): The island is the main hub of red sea project. Shura island is home to Coral Bloom project designed by [Foster and Partners](/source/Foster_and_Partners).<ref>{{cite news |last=Al Amir |first=Khitam |date=2021-02-10 |title=Saudi Arabia launches 'Coral Bloom', part of Red Sea Project |url=https://gulfnews.com/world/gulf/saudi/saudi-arabia-launches-coral-bloom-part-of-red-sea-project-1.1612987329842 |work=Gulf News |location= |access-date=2024-04-25}}</ref>
*Ummahat Islands: Ummahat is home to both [St. Regis](/source/St._Regis_Hotels_%26_Resorts) Red Sea Resort and Nujuma by [The Ritz-Carlton](/source/The_Ritz-Carlton_Hotel_Company).<ref>{{cite news |author=<!--not stated--> |date=2024-01-11 |title=The St. Regis Red Sea Resort opens |url=https://hoteldesigns.net/2024/the-st-regis-red-sea-resort-opens/ |work=Hotel Designs |location= |access-date=2024-04-25}}</ref><ref>{{cite news |author=<!--not stated--> |date=2024-03-21 |title=Nujuma, a Ritz-Carlton Reserve is taking bookings for stays in May |url=https://www.factmagazines.com/saudi-arabia/red-sea/hotels-red-sea/unforgettable-experiences-await-at-red-seas-paradisiacal-nujuma |work=Fact Magazines |location= |access-date=2024-04-25}}</ref>
*[Sheybarah Island](/source/Sheybarah_Island): The island is home to Shebara Resort, which features reflective overwater orb villas designed by [Killa Design](/source/Killa_Design). The 150-ton villas were transported and installed by [Mammoet](/source/Mammoet).<ref>{{cite news |author=<!--not stated--> |date= |title=RED SEA PROJECT UNVEILS PROGRESS ON SHEYBARAH ISLAND |url=https://www.designboom.com/architecture/red-sea-killa-design-overwater-villas-saudi-arabia-sheybarah-island-08-06-2023/ |work=Design Boom |location= |access-date=2024-04-25}}</ref>
*Southern Dunes: A luxury inland resort by Six Senses, 100km northeast of the town of [Umluj](/source/Umluj).<ref>{{cite news |last=Gillett |first=Katy |date=2024-02-13 |title=Six Senses Southern Dunes offers serenity in Saudi Arabia's Red Sea - Hotel Insider |url=https://www.thenationalnews.com/travel/2024/02/13/six-senses-southern-dunes-hotel-review/ |work=The National News |location= |access-date=2024-04-25}}</ref>
*Desert Rock: A luxury inland resort of villas and hotel rooms carved into granite mountains. The destination is designed by [Oppenheim Architecture](/source/Oppenheim_Architecture).<ref>{{cite news |author=<!--not stated--> |date= |title=RED SEA SHARES DESERT ROCK CONSTRUCTION PROGRESS |url=https://www.designboom.com/architecture/red-sea-advancements-oppenheim-architecture-desert-rock-resort-saudi-arabia-08-09-2023/ |work=Design Boom |location= |access-date=2024-04-25}}</ref>
* Laheq Island: a 400-hectare private residential island.<ref>{{cite web |author=<!-- not stated --> |date=2025-04-17 |title=Red Sea Global unveils Laheq Island, a landmark luxury-living destination |url=https://www.arabnews.com/node/2597387/saudi-arabia |website=arabnews.com |location= |publisher=Arab News |access-date=2025-04-19}}</ref> The island was designed by [Foster and Partners](/source/Foster_and_Partners) and is expected to be open in 2028.<ref>{{cite web |author=<!-- not stated --> |date= |title=Laheq Island: Red Sea Global unveils new Saudi Arabia residential community set to open in 2028 |url=https://www.arabianbusiness.com/industries/real-estate/laheq-island-red-sea-global-unveils-new-saudi-arabia-residential-community-set-to-open-in-2028 |website=arabianbusiness.com |location= |publisher=Arabian Business |access-date=2025-04-19}}</ref> 

The Red Sea project is accessed by the [Red Sea International Airport](/source/Red_Sea_International_Airport). The airport began operations in September 2023 with an inaugural flight from [King Khalid International Airport](/source/King_Khalid_International_Airport), [Riyadh](/source/Riyadh), via [Saudia](/source/Saudia).<ref>{{cite news |last=Gillett |first=Katy |date=2023-09-25 |title=Travel Unpacked: Red Sea International opens and the UAE's first direct flight to Penang |url=https://www.thenationalnews.com/travel/2023/09/25/travel-unpacked-red-sea-international-opens-and-the-uaes-first-direct-flight-to-penang/ |work=The National News |location= |access-date=2024-04-25}}</ref> In April 2024, the airport received its first international flight from [Dubai International Airport](/source/Dubai_International_Airport) via [flydubai](/source/flydubai).<ref>{{cite news |last=Turner |first=Kathleen |date=2024-03-31 |title=Red Sea International Welcomes Overseas Flights Serving New Resorts |url=https://www.forbes.com/sites/katturner/2024/03/30/red-sea-international-welcomes--overseas-flights-serving-new-resorts/?sh=295936e05fd6 |work=Forbes |location= |access-date=2024-04-25}}</ref>

===Amaala===
{{Main|Amaala}}
Announced in September 2018, [Amaala](/source/Amaala) is a tourist destination that covers an area of 3,800 km<sup>2</sup>.<ref>{{cite news |last=Foreman |first=Colin |date=2018-09-30 |title=Saudi Arabia announces another Red Sea project |url=https://www.meed.com/saudi-arabia-announces-another-red-sea-project/ |work=Meed |location= |access-date=2024-04-25}}</ref>

Amaala includes 3 main regions:<ref>{{cite news |author=<!--not stated--> |date=2018-11-20 |title=Saudi Arabia's King Salman announces nearly $3 billion in development projects |url=https://www.thenationalnews.com/business/economy/saudi-arabia-s-king-salman-announces-nearly-3-billion-in-development-projects-1.794022 |work=The National News |location= |access-date=2024-04-24}}</ref>
*Triple Bay: A [wellness hub](/source/Wellness_tourism) that includes various activities including yachting, golfing, and falconry. Triple Bay will also include marine life institute research and education centre.
*The Island
*The Coastal Development

Amaala will be accessible via a dedicated airport.<ref>{{cite news |last=Street |first=Francesca |date=2020-07-03 |title=New Saudi Arabia airport design resembles shimmering desert mirage |url=https://edition.cnn.com/travel/article/amaala-airport-mirage-design/index.html |work=CNN |location= |access-date=2024-04-25}}</ref>

===Thuwal===
Announced in October 2023, Thuwal is a buy-out-only private island. Thuwal covers an area of 17,000 m<sup>2</sup>.<ref>{{cite news |last=Mitchell |first=Bea |date=2023-10-25 |title=Red Sea Global unveils new private island destination, Thuwal |url=https://blooloop.com/sustainability/news/red-sea-global-thuwal-private-retreat/ |work=blooloop |location= |access-date=2024-04-25}}</ref>

==Promotion==
In March 2024, famous [football](/source/association_football) player [Cristiano Ronaldo](/source/Cristiano_Ronaldo), which at the time was a player for the Saudi team [Al Nassr](/source/Al_Nassr_FC), visited the Red Sea destination. Ronaldo promoted the destination on his [Instagram](/source/Instagram) account, which at the time had more the 600 million followers. <ref>{{cite news |last=Corder |first=Josh |date=2024-03-20 |title=Cristiano Ronaldo Visits Saudi Arabia's The Red Sea |url=https://skift.com/2024/03/20/ronaldo-visits-saudis-most-expensive-hotel-to-put-country-on-global-tourism-map/ |work=Skift |location= |access-date=2024-04-25}}</ref>

In April 2024, Red Sea Global announced a collaboration with [Warner Bros. Discovery](/source/Warner_Bros._Discovery) to produce a documentary titled "Beneath the Surface: The Fight for Corals".<ref>{{cite news |last=Coates |first=Charlotte |date=2024-04-17 |title=Red Sea Global collaborates with Warner Bros. Discovery on coral documentary |url=https://blooloop.com/sustainability/news/red-sea-global-warner-bros-documentary-coral/ |work=blooloop |location= |access-date=2024-04-25}}</ref>

==See also==
{{Portal|Saudi Arabia}}
* [List of Saudi Vision 2030 Projects](/source/List_of_Saudi_Vision_2030_Projects)
* [Saudi Red Sea Authority](/source/Saudi_Red_Sea_Authority)
* [Saudi Vision 2030](/source/Saudi_Vision_2030)
* [Public Investment Fund](/source/Public_Investment_Fund)

==References==
{{Reflist}}

==External links==
[https://www.visitredsea.com/en/ Visit Red Sea]

[https://www.amaala.com/en/ Amaala]

[https://www.thuwalretreat.sa/en/ Thuwal Private Retreat]

{{Saudi Arabia topics}}

Category:Business organisations based in Saudi Arabia
Category:Public Investment Fund
Category:Tabuk, Saudi Arabia

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Adapted from the Wikipedia article [Red Sea Global](https://en.wikipedia.org/wiki/Red_Sea_Global) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Red_Sea_Global?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.