Major milestones on Amaala; $6bn deals inked

RED Sea Global (RSG), the developer behind the regenerative tourism destinations Amaala and The Red Sea, has announced significant advancements in the construction of Amaala a luxury wellness destination on the Red Sea coast of Saudi Arabia where more than 600 contracts worth nearly SR23 billion ($6.13 billion) have been awarded.

These contracts have been awarded to world-leading partners including AI Rawabi Hassan Allam, Shapoorji Pallonji Group, Depa Group, Alec Engineering and Contracting, Havelock One and Al-Ayuni Investment and Contracting Company.

Amaala has reached key procurement and construction milestones, with Triple Bay Marina Village, Wellness Core and luxury resorts moving toward completion, and first guests expected in 2025, said RSG. Key areas of Amaala nearing completion include:

• Triple Bay Marina Village: The Equinox Resort is fully topped out, and construction on the Village Boutique Hotel, condos, and villas is nearing completion;