Marriott will debut its distinguished Ritz-Carlton Reserve brand in the eagerly-anticipated Red Sea destination. Slated to open in 2023, Nujuma, a Ritz-Carlton Reserve will be the brand’s first property in the Middle East to join an exclusive collection of only five Ritz-Carlton Reserves worldwide.
The Red Sea Development Company has awarded a contract for a major new hospital to the Steward Global Healthcare Company. The project is a joint venture between Alf Healthcare.
The Red Sea Development Company has secured a SAR14.1 billion (US$ 3.8 billion) loan and revolving credit facility with four leading Saudi banks.
The Red Sea Development Company has partnered with the Saudi Arabia ministry of culture to unite efforts in the fields of archaeology, heritage, history and sustainable tourism along the coast.
Developers have finalised a deal with a consortium led by ACWA Power. The milestone confirms the development as the largest tourism project in the world to be powered solely by renewable energy.
The Blue Planet Ecosystems’ solution is designed to provide for the sustainable production of seafood and algae in a desert environment.
The Red Sea Development Company has revealed design plans for a new mountain resort. Named Desert Rock, it will be located among the beautiful wadi vistas in the west of the country.