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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 on 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]
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.
The Red Sea project, between the cities of Umluj and Al-Wajh, will develop 22 of the 90 islands, and will be powered by 100% renewable energy, says the developer.By 2030 it is expected to comprise ...
Amaala (stylized AMAALA; Arabic: أمالا) is a tourism megaproject under construction in 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 consists of three main developments: The Coastal Development, Amaala Island, and Triple Bay. [3]
Barbados, for instance, has moved from a primarily agricultural economy to a service-based economy that supports tourism. By 2006, tourism brought in ten times more to the Barbados economy than sugar cane production, $167 million versus $14.5 billion. [19] American 757 on final approach to Saint Maarten Airport
The Red Sea Fund now serves as the lynchpin of many Saudi coproductions and has supported major local box office hits such as “Mandoob,” which had its world premiere at Toronto, and genre pic ...
Due to the importance of Tourism to Barbados' economy, the government is presently reviewing a further $70 million upgrade. [14] In September 2010, the Barbados government stated it was reviewing a list of joint-venture partners to construct the new cruise ship facilities at the port with expected construction to begin in 2011. [15]