Red Sea Global secures $1.73bn funding for AMAALA

Developer Red Sea Global (RSG) has secured a US $1.73bn credit facility specifically designed for the development of AMAALA. The funding initiative...

Property

Shura Island to begin welcoming guests soon says Red Sea Global

Red Sea Global (RSG) has announced the first resorts and attractions on Shura Island will commence welcoming guests in the coming weeks....

Financial

Red Sea Global eyes new finance options

Red Sea Global’s (RSG) CEO, John Pagano, has said that the regenerative and sustainable developer is currently considering a range of alternative...

Sustainability

Red Sea Global establishes new standard for conservation-led development

Red Sea Global (RSG) has released the findings of one of the most extensive and comprehensive terrestrial baseline surveys ever conducted by...

Property

Red Sea Global introduces Red Sea Residences

Red Sea Global (RSG) has unveiled its Red Sea Residences residential property brand, which will enable investors to own part of its...

Property

Red Sea Global and Marriott International unveil The Ritz-Carlton, AMAALA

Red Sea Global (RSG) has announced it has signed an agreement with Marriott International to open The Ritz-Carlton, AMAALA. The signing marks...

Sustainability

Red Sea Global achieves seven LEED certifications for sustainable properties

Red Sea Global (RSG) has announced that it has been awarded seven new LEED certifications for properties at The Red Sea. These...

Construction

First guests expected at AMAALA in 2025 says RSG

Red Sea Global (RSG) has said it has made significant progress in the ongoing development of AMAALA. Inspired by the purity of...

Sustainability

Red Sea Global releases fourth Annual Sustainability report

Red Sea Global (RSG) has announced the release of its fourth Annual Sustainability Report, publicly disclosing RSG and its subsidiaries’ key progress...

Construction

Hassan Allam subsidiary wins new Amaala Triple Bay contract

Egypt-headquartered Hassan Allam Holding’s Saudi unit has won an additional contract for the Marina Hotel in Amaala Triple Bay. The contract outlines...