Common

Red Sea Global

Saudi real estate development company

Red Sea Global

Common card · No. 422489

Red Sea Global (RSG; Arabic: البحر الأحمر الدولية), previously The Red Sea Development Company, is a real estate development company based in Tabuk, Saudi Arabia. The company was founded in July 2017 by the Saudi crown prince Mohammed bin Salman, and is owned by the Public Investment Fund. As one of Saudi Arabia's Vision 2030 goals, Red Sea Global aims to diversify the Saudi economy away from fossil fuels by contributing to the growth of its tourism sector.

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