Money and business in the Middle East.

Real estate and tourism

The Red Sea

Saudi Arabia · Operational

The Red Sea is a regenerative tourism destination developed by Red Sea Global over 28,000 km² of coast and more than 90 islands between Umluj and Al Wajh, planned for 18 hotels with about 3,000 keys. Resorts have operated since 2023, and in September 2026 its off-grid utilities system, including 340 MWac of solar and 1,227 MWh of battery storage, reached commercial operation.

www.redseaglobal.com/en/our-destinations/the-red-sea ↗

Owner
Red Sea Global (PIF)
Location
West coast of Saudi Arabia between Umluj and Al Wajh
Announced
31 July 2017
Status checked
27 Sept 2026

Key facts

No verified figure held yet.

Related news

Major projects · Saudi Arabia

Ask INXEN