Red Sea Global (RSG) is one of Saudi Arabia’s flagship Vision 2030 companies, fully owned by the Public Investment Fund. It focuses on developing world-leading regenerative tourism destinations, including The Red Sea Project and AMAALA, both designed to set global standards for sustainability, luxury hospitality, environmental restoration, and community development.
RSG is pioneering a new model of destination development by:
- Regeneration-first design: committing to a 30% net positive conservation impact by 2040.
- 100% renewable energy: powering destinations entirely from solar, wind and battery storage.
- Luxury hospitality partnerships: working with Rosewood, St. Regis, Ritz-Carlton Reserve, Six Senses, and more.
- Local workforce development: providing large-scale training, education and job-creation programmes for Saudi youth.
- Smart mobility: introducing electric vehicles, zero-emission transport and marine conservation technologies.
Latest Update
RSG has secured a SAR 6.5 billion (US$1.7 billion) credit facility from key Saudi banks to fully fund major phases of its resort development pipeline. According to the CEO, this financing provides full coverage for current luxury hotel builds across the Red Sea region.
In a major strategic milestone, RSG has also confirmed its first international expansion, launching a premium tourism initiative in Italy—marking the brand’s evolution from a Saudi destination developer into a global hospitality and lifestyle company.
These advancements reflect strong investor confidence, solid financial architecture, and reinforce RSG’s growing role in shaping the future of sustainable luxury tourism worldwide.
Website: https://www.redseaglobal.com
