INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.
  • ‘Saudi Arabia’s tourism sector to achieve 150 million visitors by 2030’

    Saudi Arabia isn't aiming to be the next Dubai but is forging its own unique path in tourism," Aradhana Khowala tells TRENDS in an exclusive interview.
  • Saudi fashionistas attempt beach rebrand

    The setting for Red Sea Fashion Week, the St Regis Red Sea Resort on Ummahat Alshaikh island, is part of Red Sea Global, one of the giga-projects at the heart of Saudi Arabia's Vision 2030 social and economic reform program.
  • RSG, Hyundai Motor ink pact

    The two firms will explore opportunities in various areas.
  • Red Sea Global releases ‘Red Sea Waves,’ its first music album

    Riyadh, Saudi Arabia - Red Sea Global (RSG), the developer behind The Red Sea and Amaala, the Saudi tourism destinations, announced the release of its first 'Red Sea Waves' album, produced by its own Red Sea Studios. The creative team at Red Sea Studios - led by Adham Alzanbagi in...
  • Red Sea Global, Riyad Bank sign agreement on $522m financing

    TABUK, SAUDI ARABIA - Red Sea Global (RSG) has completed a US$522 million (SAR2 billion) financing agreement with Riyad Bank, a press release said on Sunday. According to the release, the financing supports RSG's Joint Venture (JV) with Kingdom Holding Company (KHC), a prominent global investment company headquartered in Saudi...
  • Saudi Arabia’s Red Sea Global deploys robot for Red Sea, Amaala beach cleanup

    Riyadh, Saudi Arabia - Red Sea Global, a company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia, has unveiled a state-of-the-art robot designed specifically for beach cleanup in Red Sea and Amaala destinations.  The electric-powered robot is engineered to enhance the visual appeal of the sandy shores...
  • Ummahat Island unveils world’s first net-zero 5G network towers

    Tabuk, Saudi Arabia -- Red Sea Global (RSG), Zain KSA, and the French Serge Ferrari Group have developed and installed advanced telecom towers on Ummahat Island, RSG said. These towers will provide visitors with a "seamless communication experience that blends harmoniously with the island's natural beauty", the statement added. According...
  • Red Sea Global, VAARST join hands for marine ecosystem mapping

    TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the regenerative tourism destinations, is piloting SubSLAM, an advanced photogrammetry technology developed by VAARST, a leader in marine robotics. This technology is being used to produce high-resolution, 3D digital representations of Al Wajh Lagoon's coral reefs and vital...
  • RSG, KHC set up joint venture

    The JV will develop and own the Four Seasons Resort Red Sea.
  • Red Sea Global builds largest off-grid EV charging network in Saudi Arabia

    RIYADH, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala and The Red Sea, has completed the installation of the largest off-grid electric vehicle (EV) charging network in Saudi Arabia. The network includes more than 150 charging stations spread across...
  • Red Sea Global launches Saudi’s first seaplane company

    TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations - The Red Sea and Amaala - celebrated the take-off of its first seaplane flight operated by its subsidiary company, Fly Red Sea. Established as the first seaplane company in Saudi...
  • Red Sea Global teams up with Bear Grylls Survival Academy

    Riyadh, Saudi Arabia--Red Sea Global (RSG) will become the exclusive agent for Bear Grylls Survival Academy (BGSA) bringing the world-famous survival and adventure brand to Saudi Arabia. It is the second outdoor tourism project of Grylls’ in the Middle East, who has another outpost in the UAE’s Ras Al Khaimah...
  • RSG gets Mostadam Diamond Certification

    The accolade recognizes RSG's commitment to sustainability.
  • Red Sea Global launches ‘Tamala’ to transform agricultural economy in Tabuk

    Riyadh, Saudi Arabia--Red Sea Global (RSG) has announced the launch of the Red Sea Farms Cooperative (Tamala), established through integrated national partnerships between the government, private and non-profit sectors. Tamala aims to develop a model entity that achieves the kingdom's orientation to enhance the role of cooperatives in the agricultural...
  • RSG, Zain build carbon-neutral 5G network

    The network runs on clean energy from world's largest carbon-neutral grid.