The Business of Middle East Superyachting

Tag: Amaala

  • Saudi Arabia Destination AMAALA Triple Bay Set to Open “In the coming months,” Developer Red Sea Global Says

    Saudi Arabia Destination AMAALA Triple Bay Set to Open “In the coming months,” Developer Red Sea Global Says

    AMAALA Triple Bay, one of Saudi Arabia’s superyacht destinations, has received an opening date. Participating in the TOURISE Summit in Riyadh, Saudi Arabia, real estate developer Red Sea Global (RSG) has announced that the first phase of the project is scheduled to launch in the coming months. Phase one of AMAALA boasts six resorts, including…

  • AMAALA To Host The Ocean Race Finale in 2027

    AMAALA To Host The Ocean Race Finale in 2027

    Luxury development AMAALA will host the finish to the 2027 Ocean Race, Red Sea Global has announced. This partnership marks the first time in Ocean Race’s 51-year history that sailors will compete in Red Sea Waters. Founded in 1973, The Ocean Race is a prestigious sailing competition focusing on the intersection of sports and sustainability,…

  • Luxury Destination AMAALA Moving Forward After $6bn Contract Is Awarded

    Luxury Destination AMAALA Moving Forward After $6bn Contract Is Awarded

    September 09 2024 – Saudi Arabian Developer Red Sea Global is moving forward with luxury-development AMAALA after 600 contracts totaling $6.13bn were awarded to date to various partners including  Al Rawabi Hassan Allam, Shapoorji Pallonji Group, DEPA Group, Alec Engineering and Contracting, Havelock One and AL-AYUNI Investment and Contracting Company. Part of Saudi Arabia’s 2030…

  • Red Sea Global provides progress update on Triple Bay Marina 

    Red Sea Global provides progress update on Triple Bay Marina 

    Red Sea Global has provided a progress update on ultra-luxury development AMAALA. Part of Saudi Arabia’s 2030 vision, Amaala is an ultra-luxury development situated along the north-western coast of the Kingdom. It will span more than 4,000 square meters, coming in 2025. Inside Amaala is the Triple Bay Yacht Club. With over four levels in the 7,900…