Artificial Intelligence
Builders Company
Developers/Red Sea Global
RS
Red Sea GlobalRiyadh, Saudi Arabia · founded 2018 · 1 active markets
STATE OWNED
www.redseaglobal.com

Red Sea Global develops regenerative luxury tourism destinations, resorts, infrastructure, hospitality, residential, transport, healthcare, and supporting services on Saudi Arabia’s west coast. Its integrated master-planning model serves visitors, residents, communities, investors, and operators while prioritizing environmental restoration and sustainable development.

Years in business
8
founded 2018
LinkedIn headcount
8,401 people
employees, as shown on LinkedIn · size band 5,001–10,000
Projects last researched October 8, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Red Sea Global1
Headquarters
5th Floor, MU04 Tower, ITCC Complex, AlRaidah Digital City 38071, Riyadh1, Saudi Arabia
Founded
20181
Entity type
STATE OWNED1
Business model
masterplan1, mixed use1, commercial1, other1
Markets
1 market listed
What they build
Hotel (5 of 8) · Hotel residences (5 of 8) · Other (2 of 8)
Full dossier in About →

Delivery record

3 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+5.0 mo
the middle of 3 scored projects
Average delay
+4.2 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+5.5 mo
SLS The Red Sea Residences · +4.0 to +7.0
3
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

3 date-assessed here · 18 developers, 36 date-assessed projects in Saudi Arabia
Median delay
Red Sea Global·18 developers in Saudi Arabia
+5.0 mo vs +10.0 mo
this developer 5.0 mo better
The typical project on each side.
Average delay
Red Sea Global·18 developers in Saudi Arabia
+4.2 mo vs +14.9 mo
this developer 10.7 mo better
Both pulled by their worst few.
On time
Red Sea Global·18 developers in Saudi Arabia
100% vs 44%
this developer 56 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Projects and timelines in Track Record →

Resident experience

4 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.0/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (1 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.4/ 10
Fabric, services, waterproofing, envelope · from 1 of 4 rated buildings
Management & living
8.8/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 25 developers, 64 rated buildings in Saudi Arabia
Overall rating
Red Sea Global · 25 other developers in Saudi Arabia
9.0 vs 7.9
this developer 1.1 better
The weighted verdict on each side. From 4 of 4 rated buildings here and 64 in the market.
Structure & systems
Red Sea Global · 25 other developers in Saudi Arabia
— vs —
Too few buildings with this score here to compare (1 of 4)
Fabric and engineering only — fixed at handover. From 1 of 4 rated buildings here and 17 in the market.
Management & living
Red Sea Global · 25 other developers in Saudi Arabia
8.8 vs 7.6
this developer 1.2 better
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 59 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Reported February 13, 2026; the alleged pause was said to concern the end of 2026 and is therefore a future commitment as of October 8, 2026. AFP reported that sources said RSG’s Phase Two construction would be paused because operating costs exceeded revenues and that the Public Investment Fund was reevaluating the project; RSG denied that it was downsizing, said Phase Two was being delivered in sequence, and described itself as in strong operational and commercial shape. This is a reported allegation, not an established default or insolvency finding.
  • DELIVERY DELAY Reported November 11, 2025; the underlying missed 2023 target was observed by November 2023. A project tracker reported that all 16 Phase One hotels were originally due to open by the end of 2023, but only one was open by November 2023; other resorts opened in 2024 and overall delivery was described as slightly behind schedule, with Phase Two likely to face delays.
  • SAFETY / LABOUR Reported December 4, 2024; interviews and research conducted during 2023–2024. Human Rights Watch reported interviews indicating that workers supplied to Red Sea Project sites paid recruitment fees, were subject to restricted job mobility, and in one account received SAR 800 rather than the promised SAR 1,400 and no overtime benefits; the report concerned contractors or manpower suppliers linked to the project and did not establish that RSG itself directly employed or committed each alleged violation. HRW said it contacted RSG in November 2024 and recorded no response in the report.
  • 3 more in Risk & Sources
Record status
active
Company sources
77 source entries across 77 fields
Projects tracked
9 · 8 completed in assessment
All flags and sources →

Track Record

Delivery record

3 date-assessed of 8 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 1 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
8
within the rolling ten-year window
Median delay
+5.0 mo
the middle of 3 scored projects
Average delay
+4.2 mo
the same projects, pulled by the worst
Average time to deliver
—
2 delivered projects with a dated start — needs 3
Worst slip
+5.5 mo
SLS The Red Sea Residences · +4.0 to +7.0
3
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

3 date-assessed here · 18 developers, 36 date-assessed projects in Saudi Arabia
Median delay
Red Sea Global·18 developers in Saudi Arabia
+5.0 mo vs +10.0 mo
this developer 5.0 mo better
The typical project on each side.
Average delay
Red Sea Global·18 developers in Saudi Arabia
+4.2 mo vs +14.9 mo
this developer 10.7 mo better
Both pulled by their worst few.
On time
Red Sea Global·18 developers in Saudi Arabia
100% vs 44%
this developer 56 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

8 of 8 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Place not published
202220232024202520262027todayPLACE NOT PUBLISHEDcompleted, no target publishedcompleted, no target published+5 moverifiedcompleted, no target published+15.5 moestimated+2 moverifiedcompleted, no target published+5.5 moverified
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 7 turned out to be about something else — a phase, a neighbour, the wider masterplan — and are marked off-subject.

Building & Livability Ratings

Resident experience

4 of 8 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.0/ 10
Weighted judgment across build and operations · from 4 of 4 rated buildings
Little structure evidence (1 of 4 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
7.4/ 10
Fabric, services, waterproofing, envelope · from 1 of 4 rated buildings
Management & living
8.8/ 10
Upkeep, response times, amenities, community · from 4 of 4 rated buildings

Against other developers

4 rated here · 25 developers, 64 rated buildings in Saudi Arabia
Overall rating
Red Sea Global · 25 other developers in Saudi Arabia
9.0 vs 7.9
this developer 1.1 better
The weighted verdict on each side. From 4 of 4 rated buildings here and 64 in the market.
Structure & systems
Red Sea Global · 25 other developers in Saudi Arabia
— vs —
Too few buildings with this score here to compare (1 of 4)
Fabric and engineering only — fixed at handover. From 1 of 4 rated buildings here and 17 in the market.
Management & living
Red Sea Global · 25 other developers in Saudi Arabia
8.8 vs 7.6
this developer 1.2 better
Upkeep and response — belongs to whoever runs the building now. From 4 of 4 rated buildings here and 59 in the market.
The market here is Saudi Arabia: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

4 rated · 4 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
ADRENAThe Red Sea
10.0/ 10
—/ 10
10.0/ 10

The largest published review set is Google Reviews/Maps, where ADRENA is listed at 5.0/5 from 27 guest reviews; under the stated curve, 5/5 converts to 10. The reviews repeatedly praise staff, organization, safety and cleanliness, but ADRENA is identified by the developer and listing as an adventure/recreation district, not a residential building, so no structure score is assigned and the residential interpretation remains uncertain.

exa.airedseaglobal.com
+ friendly staff+ attentive lifeguards+ professional organization+ positive atmosphere+ security professionalism
− guest evidence only− not a residential building
Not found in sources: no recurring negative theme found · no resident management evidence · no resident amenity evidence

no notes returned

no links returned

The published reviews describe ADRENA as a recreation and adventure venue rather than a residential building. Guest feedback is strongly positive: reviewers mention “warm welcome, genuine smiles,” professional organization, feeling safe, cleanliness and staff who were “polite and kind”; the listing also records a 5.0/5 aggregate from 27 reviews.

exa.airedseaglobal.com
Miraval The Red SeaShura Island180 units
9.5/ 10
—/ 10
9.5/ 10

The Google aggregate of 4.8/5 from 25 reviews is the largest published rating located and sets a guest-experience anchor of 9.2/10 under the stated guest-rating curve. The score is limited to hospitality evidence: the written and editorial reviews consistently praise staff, activities, spa and atmosphere, while no published structural review evidence was found.

arabiaweddings.comtripadvisor.comlistmag.comwhatsonsaudiarabia.com
+ Attentive hospitality+ Professional staff+ Extensive wellness programme+ Large spa offering+ Peaceful adults-only setting
Not found in sources: No recurring operational complaint found · No recurring management complaint found · No recurring security complaint found · No recurring upkeep complaint found · No recurring amenity failure found

no notes returned

no links returned

The published guest material describes a quiet, highly programmed wellness stay: What’s On called the atmosphere “grounding and restful,” while the activities were “easily one of our favourite parts.” LIST praised staff for “quiet, synchronised precision,” and a Tripadvisor reviewer highlighted “very attentive” instructors, the salt room and hydrafacial. These are hospitality reviews of a newly opened resort, not evidence of a long-term residential management experience.

listmag.comwhatsonsaudiarabia.comtripadvisor.com
Four Seasons Resort and Residences Red Sea at Shura IslandShura Island180 units
8.4/ 10
—/ 10
8.4/ 10

Booking.com supplies the largest published review base at 28 reviews and its 9.2/10 guest score converts to 8.4 under the specified guest-rating curve. Google’s 4.7/5 score is consistent rather than materially divergent, while the written reviews and editorial reviews add positive lifestyle context but no recurring complaint theme or structural evidence that would move the anchor.

lasuite.comexa.aigoogle.com.ngwhatsonsaudiarabia.comcntravellerme.com
+ Lively lobby+ Seamless check-in+ Three pools+ Long beach+ Broad activity offering
− Remote island setting− Long internal distances− Some facilities still opening− High nightly rates− Limited surrounding infrastructure

no notes returned

no links returned

Published stay reviews describe a strongly positive guest experience: the lobby was “alive and vibrant,” check-in was “seamless,” and the resort offered three pools, a 1.3-kilometre beach, spa facilities and extensive water and land activities. The independent review also calls the property a “reset worthy of the name,” while noting that Vivi was still “soon-to-be-opened”; these are guest-stay observations, not evidence of a resident management record.

whatsonsaudiarabia.comcntravellerme.com
Four Seasons Resort and Residences AMAALA at Triple BayTriple Bay, AMAALA228 units
8.2/ 10
7.4/ 10
Tripadvisor 5/5 · 1 review · tripadvisor.com.au
Tripadvisor publishes 5/5 from 1 review. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 7.4.
7.4/ 10
Tripadvisor 5/5, 5/5, 5/5, 5/5 · 1 review · tripadvisor.com.au
Combined from 4 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.4.

Hotwire supplies the largest published review base found, but it is only two guest reviews, so the 5/5 anchor is constrained to within one point of 6.5 under the rule for aggregates below ten reviews. Tripadvisor independently reports 5/5 from one guest and matching 5/5 aspect ratings, with no recurring negative or positive theme meeting the repetition threshold; the result is therefore evidence-limited rather than a resident-quality verdict.

tripadvisor.com.auhotwire.comcntravellerme.comharpersbazaararabia.comprivata.travel
+ New purpose-built resort+ Well-finished rooms+ Large room layouts+ Accessible room features
Not found in sources: No failure reported · No leak reports published · No plumbing complaints published · No HVAC complaints published · No electrical complaints published · No lift complaints published
+ Exceptional service+ Attentive staff+ Strong beach experience+ Extensive wellness amenities+ Family-friendly programming
− Very small review base− Large spread-out resort− Some facilities future-dated
Not found in sources: No resident reviews found · No recurring complaints found

The available review evidence is thin but positive: Tripadvisor published 5.0/5 for Rooms from one guest, while the written review described the resort as beautiful and praised the spa as “beautiful and fully equipped.” Independent reviews describe a June 2026 purpose-built opening with 202 rooms and modern room finishes, but do not provide engineering-condition testing or recurring infrastructure complaints.

tripadvisor.com.aucntravellerme.comprivata.travel

The only readable Tripadvisor guest review said service “genuinely exceeds anything we have experienced at any hotel in the world,” and praised the beach, clear swimming water, staff, breakfast, food, spa, kids’ club and buggy service. Condé Nast Traveller likewise described five pools, six dining venues and a substantial spa, while noting the resort is large and spread out and that some watersports facilities were due to be added later; these are guest/short-stay observations, not evidence of a resident community’s long-term experience.

tripadvisor.com.aucntravellerme.comharpersbazaararabia.com
Only buildings that have reached handover are rated. 4 of 8 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Red Sea Global
Headquarters
5th Floor, MU04 Tower, ITCC Complex, AlRaidah Digital City 3807, Riyadh, Saudi Arabia
Al Nakhil District · 12382 – 6726
Founded
2018
Saudi Arabia
Entity type
STATE OWNED
Revenue
USD 210 million
Business model
masterplan, mixed use, commercial, other

Partners

15 partners
Public Investment Fund (PIF)
government partner

PIF wholly owns Red Sea Global and provided the ownership framework for its development mandate.

Saudi Tourism Authority (STA)
government partner

The partnership supports the destinations and the shared goal of positioning Saudi Arabia on the global tourism map.

STC Group
partner

STC provides digital infrastructure and connectivity across the destinations.

King Abdullah University of Science and Technology (KAUST)
partner

The partnership advances scientific research, marine conservation, sustainability, joint innovation and ecosystem preservation.

Foster + Partners
partner

Foster + Partners designs sustainable, future-ready architecture for the destinations.

EDF Group
funder

EDF partners on renewable-energy and smart-utilities infrastructure intended to power the destinations with 100% clean energy.

The Ocean Race
partner

The collaboration promotes marine conservation, ocean-health awareness and global stewardship.

Huawei
partner

Huawei implements smart-city and ICT solutions for operational performance and guest experience.

ZeroAvia
partner

ZeroAvia develops zero-emission aviation solutions for sustainable travel and lower carbon emissions.

Veolia
operator

Veolia manages sustainable water-treatment and waste solutions supporting zero-waste and circular-economy goals.

Archirodon
contractor

Archirodon engineers and constructs sustainable marine and coastal infrastructure.

Nesma & Partners
contractor

Nesma & Partners provides large-scale construction capabilities and sustainable building solutions.

Hill International
contractor

Hill International manages complex projects with a focus on safety, quality and on-time delivery.

Kingdom Holding Company (KHC)
joint venture

RSG and KHC formed a 50/50 joint venture to develop and own the Four Seasons Resort Red Sea at Shura Island.

ACWA Power
operator

An ACWA Power-led consortium designed, built and operates The Red Sea utilities infrastructure under a 25-year concession.

Sources: partners

COMPANYdate not shown in source

About Us - Red Sea Global

Red Sea Global
The Red Sea Global (RSG) was established in 2018 as a closed joint stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia
value seen: wholly owned by the Public Investment Fund (PIF) of Saudi Arabia
value paraphrased from this source
https://www.redseaglobal.com/en/about-us

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### Saudi Tourism Authority (STA) destination and supporting our shared goal of positioning the Kingdom on the global tourism map.
value seen: Saudi Tourism Authority (STA)
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### Archirodon Engineering and constructing sustainable marine and coastal infrastructure to support our destination’s development.
value seen: Archirodon
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### Nesma & Partners Providing large-scale construction capabilities and sustainable building solutions integral to RSG’s growth.
value seen: Nesma & Partners
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### Hill International Managing complex projects with a focus on safety, quality, and on-time delivery.
value seen: Hill International
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANY2023-10-24

Red Sea Global and Kingdom Holding Company sign a 2bn SR Joint Venture

Red Sea Global
The SAR 2bn Joint Venture (JV) brings together RSG and KHC in a 50/50 partnership to develop and own the Four Seasons Resort Red Sea, Saudi Arabia
value seen: SAR 2bn Joint Venture
value paraphrased from this source
https://www.redseaglobal.com/en/media-center/news/red-sea-global-and-kingdom-holding-company-sign-a-2bn-sr-joint-venture/

Sources: partners

COMPANY2021-11-07

Red Sea Global Finalizes Contract for 100 Percent Renewable Utilities

Red Sea Global
The consortium led by ACWA Power has secured its financing to design, build and operate TRSP’s utilities infrastructure for 25 years, after which the operations are to be transferred back to TRSDC.
value seen: 25 years
value paraphrased from this source
https://redseaglobal.com/en/media-center/news/red-sea-global-finalizes-contract-for-100-percent-renewable-utilities/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### STC Group Delivering advanced digital infrastructure and connectivity solutions across our destinations to enhance guest experiences and operational efficiency.
value seen: STC Group
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### King Abdullah University of Science and Technology (KAUST) Advancing scientific research, marine conservation, and sustainability through joint innovation projects and ecosystem preservation initiatives.
value seen: King Abdullah University of Science and Technology (KAUST)
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### Foster + Partners Renowned for designing sustainable, future-ready architecture that defines the aesthetic and environmental integrity of our destinations.
value seen: Foster + Partners
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### EDF Group Partnering to develop renewable energy and smart utilities infrastructure that power our destinations with 100% clean energy.
value seen: EDF Group
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### The Ocean Race Collaborating to promote marine conservation, raise awareness about ocean health, and inspire global stewardship of our seas.
value seen: The Ocean Race
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### Huawei Implementing cutting-edge smart city and ICT solutions that enhance operational performance and guest experiences across RSG’s developments.
value seen: Huawei
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### ZeroAvia Pioneering zero-emission aviation solutions to revolutionize sustainable travel and reduce carbon emissions across our destinations.
value seen: ZeroAvia
https://www.redseaglobal.com/en/partnerships/

Sources: partners

COMPANYdate not shown in source

Building Strategic Partnerships | Red Sea Global

Red Sea Global
### Veolia Managing sustainable water treatment and waste solutions that contribute to RSG’s zero-waste and circular economy goals.
value seen: Veolia
https://www.redseaglobal.com/en/partnerships/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Saudi Arabiaactive 0 projects tracked
8 of 8 projects carry no country in the record — most of those name only a city — so they are not counted against a market here.

What they build

3 types
Hotel5 of 8
Hotel residences5 of 8
Other2 of 8
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
MB
Mohammad bin Salman bin Abdulaziz Al Saud
Red Sea Global’s chairman is also Crown Prince of Saudi Arabia and chairman of the Public Investment Fund. The company’s leadership page therefore identifies him at the ownership and strategic-control level, rather than as a day-to-day executive.
Current title
Chairman
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
ChairmanCrown PrincePIF Chairman

Sources: full name

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
## H.R.H. Crown Prince Mohammad bin Salman bin Abdulaziz Al Saud
value seen: H.R.H. Crown Prince Mohammad bin Salman bin Abdulaziz Al Saud
https://www.redseaglobal.com/en/leadership/

Sources: summary

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
Crown Prince of the Kingdom of Saudi Arabia, Prime Minister, President of the Council for Economic and Development Affairs and Chairman of the Public Investment Fund.
value seen: Chairman and Chairman of the Public Investment Fund
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.redseaglobal.com/en/leadership/

Sources: title

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
CHAIRMAN
value seen: CHAIRMAN
https://www.redseaglobal.com/en/leadership/
JP
John Pagano
Pagano leads Red Sea Global’s development of The Red Sea and AMAALA and has led the company’s growth from the ground up since 2018. His prior track record spans large-scale real estate, including Canary Wharf, Baha Mar and strategic advisory through Old Fort Capital Investments Ltd.
Current title
Group Chief Executive Officer
since Since 2018
Experience
40+ years real estate
Companies before
Old Fort Capital Investments LtdCanary Wharf developmentBaha Mar Development Company Ltd.
Education
University of TorontoBA.Sc degree in Mechanical Engineering
London Business SchoolCorporate Finance studies
Other boards
none sourced
Known for
Group CEOSince 2018ex-Canary Wharfex-Baha MarMechanical Engineering
https://linkedin.com/in/john-pagano

Sources: education

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
John holds a BA.Sc degree in Mechanical Engineering from the University of Toronto.
value seen: BA.Sc degree in Mechanical Engineering from the University of Toronto
https://www.redseaglobal.com/en/leadership/

Sources: linkedin page

SOCIAL2026-09-29

John Pagano

LinkedIn
# John Pagano Group CEO of Red Sea Global
value seen: https://linkedin.com/in/john-pagano
https://linkedin.com/in/john-pagano

Sources: previous companies

PRESS2024-05-06

John Pagano on Saudi Arabia’s ambitious Red Sea project

Economy Middle East
Before joining Red Sea Global, Pagano headed his company, Old Fort Capital Investments Ltd. Before launching his company, John Pagano spent more than 23 years at Canary Wharf development... Pagano also served for more than four years as president of Baha Mar Development Company Ltd.
value seen: Old Fort Capital Investments Ltd; Canary Wharf development; Baha Mar Development Company Ltd.
held out of the figures · the quote does not carry this value
https://economymiddleeast.com/news/john-pagano-red-sea-global-interview/

Sources: since

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
Since 2018, he has led RSG’s growth from the ground up
value seen: Since 2018
https://www.redseaglobal.com/en/leadership/

Sources: title

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
## John Pagano
value seen: Group Chief Executive Officer
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.redseaglobal.com/en/leadership/
PB
Prince Badr bin Abdullah bin Mohammed bin Farhan Al Saud
Prince Badr is identified on Red Sea Global’s leadership page as a board member and Minister of Culture. Independent reporting identifies him as Saudi Arabia’s first culture minister, formerly chairman of Saudi Research and Marketing Group, with a law degree from King Saud University.
Current title
Minister of Culture
since June 2018
Experience
no career length stated
Companies before
Saudi Research and Marketing Group (SRMG)
Education
King Saud UniversityBachelor’s degree in law
Other boards
none sourced
Known for
Minister of CultureBoard memberex-SRMGLaw degree
https://linkedin.com/in/badr-bin-abdullah-al-saud-788869182

Sources: summary

PRESS2018-06-02

FaceOf: Prince Badr bin Abdullah bin Mohammed bin Farhan, KSA’s first minister of culture

Arab News
Prince Badr is Saudi Arabia’s first Minister of Culture. Until Prince Badr’s appointment as culture minister, he was the chairman of the Saudi Research and Marketing Group (SRMG)... Prince Badr Al-Farhan holds a bachelor’s degree in law from King Saud University in Riyadh.
value seen: Saudi Arabia’s first Minister of Culture; former SRMG chairman; law degree
held out of the figures · the quote does not carry this value
https://www.arabnews.com/node/1314421/saudi-arabia

Sources: title

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
## HH Prince Badr Al-Saud Minister of Culture
value seen: Minister of Culture
https://www.redseaglobal.com/en/leadership/
MB
Majid bin Abdullah Al-kassabi
Al-kassabi is listed by Red Sea Global as a board member and Minister of Commerce. The Ministry of Commerce biography records earlier ministerial, government, real-estate and academic roles, and graduate engineering-management and civil-engineering education in the United States.
Current title
Minister of Commerce
since 2016
Experience
no career length stated
Companies before
none sourced
Education
University of MissouriPh.D. and a Master’s degree in Engineering Management (Honors)
University of California, BerkeleyMaster’s degree in Civil Engineering
University of PortlandB.A. in Civil Administration (Honors)
Other boards
none sourced
Known for
Minister of CommerceBoard memberPh.D.Engineering Management

Sources: education

COMPANY2024-05-20

DR. Majid bin Abdullah Al-kassabi

Ministry of Commerce · carried by mc.gov.sa
He holds a Ph.D. and a Master’s degree in Engineering Management (Honors) from the University of Missouri. He also holds a Master’s degree in Civil Engineering from the University of California, Berkeley; and a B.A. in Civil Administration (Honors) from the University of Portland.
value seen: Ph.D. and a Master’s degree in Engineering Management (Honors) from the University of Missouri; Master’s degree in Civil Engineering from the University of California, Berkeley; B.A. in Civil Administration (Honors) from the University of Portland
held out of the figures · the quote does not carry this value
https://mc.gov.sa/en/About/CVs-Ministry-officials/Pages/Minister.aspx

Sources: title

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
## H.E. Dr. Majid Al-Qassabi Minister of Commerce
value seen: Minister of Commerce
https://www.redseaglobal.com/en/leadership/
AA
Ahmed Al Khateeb
Al Khateeb is Red Sea Global’s listed board member and Saudi Arabia’s first Minister of Tourism. The Saudi Fund for Development describes his background as more than 25 years in investment and financial services and records senior government and development-company leadership roles.
Current title
Minister of Tourism
Experience
25+ years investment and finance
Companies before
none sourced
Education
not published
Other boards
Chairman of the Board of Directors, Saudi Fund for DevelopmentChairman of the Board of Directors, Saudi Arabia Military Industries (SAMI)Secretary General, Diriyah Gate Development AuthoritySecretary General, Jeddah Central Development Company
Known for
Minister of TourismBoard member
https://sa.linkedin.com/in/ahmedalkhateeb

Sources: other boards

COMPANY2022-05-22

Chairman of the Board of Directors - H.E. Minister of Tourism

Saudi Fund For Development · carried by sfd.gov.sa
His Excellency currently holds a number of other key positions driving change in Saudi Arabia, including Chairman of the Board of Directors for the Saudi Arabia Military Industries (SAMI) as well as Secretary General for the Diriyah Gate Development Authority, a UNESCO World Heritage site, and Secretary General for Jeddah Central Development Company.
value seen: Chairman of the Board of Directors of the Saudi Fund for Development; Chairman of the Board of Directors for Saudi Arabia Military Industries (SAMI); Secretary General for the Diriyah Gate Development Authority; Secretary General for Jeddah Central Development Company
held out of the figures · the quote does not carry this value
https://www.sfd.gov.sa/en/node/280

Sources: title

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
## H.E. Dr. Ahmed Al-Khateeb Minister of Tourism
value seen: Minister of Tourism
https://www.redseaglobal.com/en/leadership/
AA
Abdulrahman Abdulmohsen AlFadley
AlFadley is listed by Red Sea Global as a board member and Minister of Environment, Water and Agriculture. The ministry biography records prior operating leadership at Almarai, including CEO from 2000 to 2015, and his chemical-engineering degree from King Saud University.
Current title
Minister of Environment, Water and Agriculture
Experience
no career length stated
Companies before
Almarai Co.
Education
King Saud UniversityBachelor’s degree in Chemical Engineering
Other boards
Chairman, General Food Security Authority (GFSA)Chairman, Saudi Water AuthorityChairman, Saudi Irrigation Organization
Known for
Minister of EnvironmentBoard memberex-AlmaraiChemical Engineering

Sources: education

COMPANYdate not shown in source

Biography of the Minister | MEWA

Ministry of Environment, Water, Agriculture · carried by mewa.gov.sa
Eng. Abdulrahman Abdulmohsen AlFadley holds a bachelor's degree in Chemical Engineering from King Saud University.
value seen: Bachelor’s degree in Chemical Engineering from King Saud University
https://www.mewa.gov.sa/en/Ministry/AboutMinister/Pages/MinisterCv.aspx

Sources: other boards

COMPANYdate not shown in source

Biography of the Minister | MEWA

Ministry of Environment, Water, Agriculture · carried by mewa.gov.sa
In his capacity as the Minister of Environment, Water and Agriculture, Al-Fadley is currently chairman of the board of the following organizations: General Food Security Authority (GFSA), Saudi Water Authority, Saudi Irrigation Organization
value seen: General Food Security Authority (GFSA), Saudi Water Authority, Saudi Irrigation Organization
https://www.mewa.gov.sa/en/Ministry/AboutMinister/Pages/MinisterCv.aspx

Sources: previous companies

COMPANYdate not shown in source

Biography of the Minister | MEWA

Ministry of Environment, Water, Agriculture · carried by mewa.gov.sa
Prior to joining Almarai Co. in 1996, AlFadley worked in the petroleum industry for 13 years.
value seen: Almarai Co.
https://www.mewa.gov.sa/en/Ministry/AboutMinister/Pages/MinisterCv.aspx

Sources: title

COMPANYdate not shown in source

Meet The Leadership Team | Red Sea Global

Red Sea Global
## H.E. Eng. Abdulraham Al-Fadley Minister of Environment, Water and Agriculture
value seen: Minister of Environment, Water and Agriculture
https://www.redseaglobal.com/en/leadership/

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

1 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

8 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
AMAALA Yacht Clubnot published
AMAALA		other—————20232 October 2023—Sep 2026—not scorablecompleted
Equinox Resort AMAALAnot published
Triple Bay, AMAALA		hotel, hotel residences1491————20263 September 2026—Sep 2026—not scorablecompleted
Nammos Resort AMAALAnot published
Triple Bay, AMAALA		hotel, hotel residences1301————202523 April 2025Mar 2026 – May 2026Sep 2026+5.0 mo
(+4.0 to +6.0)		sourcedcompleted
Four Seasons Resort and Residences AMAALA at Triple Baynot published
Triple Bay, AMAALA		hotel, hotel residences2281————20246 March 2024—Jun 2026—not scorablecompleted
Four Seasons Resort and Residences Red Sea at Shura Islandnot published
Shura Island		hotel, hotel residences1801———30/7012023February 28, 2023Jan 2025 – Apr 2025Jun 2026+15.5 mo
(+14.0 to +17.0)		estimatedcompleted
ADRENAnot published
The Red Sea		other—————202627 March 2026Mar 2026May 2026+2.0 mo
(+2.0 to +2.0)		sourcedcompleted
Miraval The Red Seanot published
Shura Island		hotel1801————2022May 18, 2022—May 2026—not scorablecompleted
SLS The Red Sea Residencesnot published
Shura Island		hotel residences————30/701202530 January 2025Sep 2025 – Dec 2025Apr 2026+5.5 mo
(+4.0 to +7.0)		sourcedcompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
COMPANY AWARD Winner 19 October 2025
PMO of the Year Award (Mature Category)
Red Sea Global reports that its Enterprise Project Management Office and Technical Project Management Office jointly received the PMO of the Year Award in the mature category.
PROJECT AWARD Winner 19 October 2025
Project of the Year Award · Shebara Resort
Red Sea Global reports that Shebara Resort received the Project of the Year Award, recognising project-management delivery of the island development.
RANKING Ranked July 2024; reported 23 September 2024
2024 LEED Power Builders
Red Sea Global was included in the U.S. Green Building Council’s 2024 LEED Power Builders recognition for developers and builders demonstrating commitment to LEED and residential green building; the report identifies RSG as the only developer outside the United States on the list.
SAFETY / QUALITY Winner 20 September 2024
Health and Safety Initiative of the Year – Saudi Arabia
Red Sea Global won the Health and Safety Initiative of the Year – Saudi Arabia at the TDM Travel Trade Excellence Awards – Middle East.
SUSTAINABILITY Certified 14 September 2023
Mostadam Diamond Certification · Turtle Bay Hotel
Red Sea Global became the first real-estate company in Saudi Arabia reported to have received Mostadam Diamond Certification for Turtle Bay Hotel, covering green-building and sustainability criteria.
SAFETY / QUALITY Certified 28 November 2023
Optimised Performance Excellence Award certification, Level 5
Red Sea Global received the KPI Institute’s highest stated level of recognition for integrated performance excellence, assessing its strategy and performance-management architecture.
RECOGNITION Certified 18 November 2022
ISO 37000 certification for good governance
Red Sea Global was reported as the first Saudi company to receive ISO 37000 certification for good governance.

Risks

Risk flags

6 found
FINANCIAL DISTRESS Reported February 13, 2026; the alleged pause was said to concern the end of 2026 and is therefore a future commitment as of October 8, 2026.
AFP reported that sources said RSG’s Phase Two construction would be paused because operating costs exceeded revenues and that the Public Investment Fund was reevaluating the project; RSG denied that it was downsizing, said Phase Two was being delivered in sequence, and described itself as in strong operational and commercial shape. This is a reported allegation, not an established default or insolvency finding.
DELIVERY DELAY Reported November 11, 2025; the underlying missed 2023 target was observed by November 2023.
A project tracker reported that all 16 Phase One hotels were originally due to open by the end of 2023, but only one was open by November 2023; other resorts opened in 2024 and overall delivery was described as slightly behind schedule, with Phase Two likely to face delays.
SAFETY / LABOUR Reported December 4, 2024; interviews and research conducted during 2023–2024.
Human Rights Watch reported interviews indicating that workers supplied to Red Sea Project sites paid recruitment fees, were subject to restricted job mobility, and in one account received SAR 800 rather than the promised SAR 1,400 and no overtime benefits; the report concerned contractors or manpower suppliers linked to the project and did not establish that RSG itself directly employed or committed each alleged violation. HRW said it contacted RSG in November 2024 and recorded no response in the report.
DELIVERY DELAY Original commitment: end of 2023; status reported November 11, 2025 and current portfolio status accessed for October 8, 2026
The Red Sea destination’s Phase One was reported behind its original delivery commitment: 16 hotels were planned to open by the end of 2023, but only one was open by November 2023; later openings occurred in 2024–2025, with the remaining properties still being delivered as of the October 8, 2026 research date.
DELIVERY DELAY 2024 commitment for first guests in 2025; first guests welcomed June 15, 2026
AMAALA, developed by Red Sea Global, missed the earlier expectation to welcome its first guests in 2025; Red Sea Global instead opened the destination’s first resort in June 2026, while additional Phase One resorts remained scheduled to open later in 2026, so the delay is documented but the destination is not abandoned.
DELIVERY DELAY Reported February 13, 2026; alleged pause/stoppage described as occurring at the end of 2026
Sources familiar with Red Sea Global’s Red Sea programme told AFP that Phase Two construction had been paused or would stop at the end of 2026 amid spending and operating-cost concerns; Red Sea Global denied a downsizing and said Phase Two was proceeding through sequencing, approvals and commercial structuring, so this remains a qualified, disputed stall report rather than an established cancellation.

Record status

active
Coverageactive
Tracked sinceOctober 8, 2026
Last checkedOctober 8, 2026 this month
Profile last researchedOctober 8, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.