Tourism will play a major role in reducing Saudi Arabia’s dependence on oil revenues, say hospitality experts
Red Sea Project
Public Investment Fund
Video: Progress on Saudi Arabia’s mega Red Sea project in 2019
Saudi Arabia’s Crown Prince HRH Mohammed Bin Salman, through the Public Investment Fund, is driving gigaproject development in the kingdom. Construction has progressed on one such scheme, The Red Sea Project, in 2019.
John Pagano
Master plan approved for new Saudi eco-tourism mega project
Red Sea Development Company says phase one will include 14 luxury and hyper-luxury hotels across five islands and two inland resorts
John Pagano
Red Sea Project set to add $5.8bn to Saudi Arabia’s GDP
A project to develop 22 islands in the Red Sea off the coast of Saudi Arabia is set to attract 1m tourists annually