Red Sea Global, Bunat VC launch fund to empower AI innovations
Tue, 06 Jan 2026
Red Sea Global, the Saudi developer behind regenerative tourism destinations Amaala and The Red Sea, has joined hands with Bunat Ventures (Bunat VC) to launch an investment fund - a first of its kind in the kingdom - dedicated exclusively to empowering startups specialised in artificial-intelligence (AI) technologies.
THC, Archer Aviation, RSG partner to launch eVTOL air mobility
Wed, 19 Nov 2025
The Helicopter Company (THC), a Public Investment Fund (PIF) company, has signed an agreement with US-based Archer Aviation, and Red Sea Global (RSG) to lunch eVTOL air mobility in Saudi Arabia.
Red Sea Global marks arrival of first direct European flight to Red Sea Airport
Sun, 16 Nov 2025
Red Sea Global announced the arrival of the first direct European flight to Red Sea International Airport, marking a new milestone in the development of Saudi Arabia’s tourism sector and its global connectivity, in alignment with the goals of Saudi Vision 2030.
Red Sea Global secures $1.7bn funding for Amaala project
Tue, 28 Oct 2025
Red Sea Global (RSG), a leading developer powered by Saudi PIF, has secured a SAR6.5 billion ($1.73 billion) funding for its ultra-luxury wellness destination, Amaala, featuring more than 1,400 hotel rooms across eight different resorts.