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Red Sea Global (RSG; Arabic: البحر الأحمر الدولية), previously known as The Red Sea Development Company, [4] is a real estate development company based in Tabuk, Saudi Arabia. The company was founded in July 2017 by the Saudi crown prince Mohammed bin Salman , and is owned by the Public Investment Fund . [ 5 ]
The Red Sea Project (Arabic: مشروع البحر الأحمر), simply referred to as The Red Sea (Arabic: البحر الأحمر), is a tourism megaproject under construction in the Red Sea coast of Saudi Arabia. The project, which is developed by Public Investment Fund-owned Red Sea Global, forms part of the Saudi Vision 2030 program. [2]
The project, which is developed by Public Investment Fund-owned Red Sea Global, forms part of the Saudi Vision 2030 program. [2] The project consists of three main developments: The Coastal Development, Amaala Island, and Triple Bay. [3] The project is under the patronage of Prince Mohammed bin Salman and is managed by the Public Investment ...
Global trade fell 1.3% from November to December, Germany’s Kiel Institute for the World Economy said Thursday, citing “consequences of the attacks on cargo ships in the Red Sea.”
San Francisco-based global logistics firm Flexport says historically 90% of cargo shipped from China to Europe would have moved through the Red Sea, but now 90% of that traffic is taking a detour ...
Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with ...
Saudi Red Sea Authority (SRSA) was established by a Council of Ministers’ decision November 30, 2021, [3] as an enabler and regulator of marine and navigational tourism activities within the geographical scope of Saudi Arabia's Red Sea.
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