Companies
Alpha Aquaculture Fund completes Tharawat Seas investment
Alpha Capital’s Alpha Aquaculture Fund completed the acquisition of a 33.7% stake in Tharawat Seas, according to a company statement published by Argaam on…
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The latest company milestones, sector developments and perspectives from across Saudi Arabia.
Aviation & Logistics
Red Sea Global launches a connected yachting network
Red Sea Global announced Yachting Network, a company coordinating marina and yacht club services on Saudi Arabia’s Red Sea coast, on 23 September. From…
Culture & Entertainment
Desert Rock receives Three Michelin Keys, RSG reports
Red Sea Global announced that Desert Rock received Three Michelin Keys in the 2026 hotel selection, according to its statement dated 21 September. The…
Companies
CEER reveals Saudi-designed electric sedan and SUV
CEER unveiled its EXOBOT electric sedan and SUV, according to a PIF announcement dated 21 September. The vehicles are designed, engineered and manufactured in…
Project Updates
Gamra Mountain Resort opens in Al Baha
PIF-owned tourism company ASFAR inaugurated Gamra Mountain Resort in Al Baha, according to an announcement dated 20 September. The development spans more than 21,000…
Companies
Red Sea Hospital opens with Dr. Sulaiman Al Habib partnership
Red Sea Global inaugurated The Red Sea Hospital with Dr. Sulaiman Al Habib Medical Services Group, according to the developer’s announcement dated 17 September.…
Project Updates
Jayasom Wellness Resort opens at AMAALA
Red Sea Global announced the opening of Jayasom Wellness Resort AMAALA on 16 September, adding a new property to Triple Bay. The resort includes…
Project Updates
AMAALA Yacht Club begins welcoming members and visiting yachts
AMAALA Yacht Club has begun operations, Red Sea Global announced on 14 September. Located in AMAALA Marina Village, the club welcomes founding members and…
Aviation & Logistics
Etihad and Red Sea Global announce Abu Dhabi route plans
Red Sea Global announced a partnership with Etihad Airways for flights between Abu Dhabi and Red Sea International Airport in a statement dated 8…
Culture & Entertainment
Nammos opens its first resort hotel at AMAALA
Nammos Resort AMAALA opened at Triple Bay, according to a Red Sea Global announcement dated 7 September. RSG describes it as the brand’s first…
Investments & Deals
New PIF company plans Al-Khafji coastal destination
PIF launched Gulf Coast Development Company to develop a residential and tourism destination in Al-Khafji, according to its 7 September announcement. The plan spans…
Energy & Industry
Aramco and Maaden agree on exploration joint venture
Aramco and Maaden signed a shareholders’ agreement for a minerals exploration joint venture, according to Aramco’s announcement dated 18 August. Maaden would hold 51%…