Red Sea Global

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Red Sea Global - overview

About

Based in Riyadh, Saudi Arabia, and founded in 2018, Red Sea Global (RSG) operates as a real estate development company specializing in the luxury and sustainable tourism sector. The firm is wholly owned by Saudi Arabia's Public Investment Fund (PIF), central to Saudi Vision 2030. RSG, as of August 2024, is led by its Group CEO, John Pagano. The company's portfolio includes high-profile destinations such as The Red Sea, Thuwal Private Retreat, and AMAALA.

The Red Sea destination, set to be completed by 2030, will feature 50 resorts and aims to integrate luxury with ecological preservation, having already opened three resorts in its first phase. Thuwal Private Retreat, opening in 2024, will offer an exclusive, buy-out-only experience with a strong emphasis on sustainability and local community involvement. AMAALA, another project, will debut its first phase in 2025 and will include wellness and luxury amenities amid a focus on environmental regeneration.

Primary Industry

Real Estate Development & Operating Companies

Sub Industries

Travel & Tourism, Recreational & Entertainment Facilities, Real Estate Development & Operating Companies

Website

www.redseaglobal.com

Total Amount Raised

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