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Red Sea Global and Kingdom Holding Company Sign SAR2 Billion Joint Venture

Red Sea Global (RSG) announced on Tuesday the successful completion of an investment deal with Kingdom Holding Company (KHC). The SAR2 billion joint venture brings together RSG and KHC in a 50/50 partnership to develop and own the Four Seasons Resort Red Sea, Saudi Arabia, expected to open in early 2025.

KSA Business: RSG, Kingdom Holding sign $533m JV for Four Seasons Red Sea

KSA Business: RSG, Kingdom Holding sign $533m JV for Four Seasons Red Sea
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RSG, Kingdom Holding enter $533m deal for Four Seasons Red Sea

Red Sea Global (RSG), the multi-project developer behind destinations The Red Sea and Amaala, has entered a deal with Kingdom Holding Company (KHC), a Saudi-based global investment company, to develop and own the Four Seasons Resort Red Sea, Saudi Arabia.

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