The Business of Middle East Superyachting

Tag: Red Sea Global

  • 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…