Tag Archives: red sea global

Red Sea Global (RSG) announced a strategic partnership with North Sails. “Bringing world-class water sports to The Red Sea demands partnering with the very best in the business. North Sails has a glowing track record, supplying leading teams in the world’s greatest sailing competitions, including The Ocean Race, with high-performance equipment and kit. Our collaboration intends to go beyond this to encompass support for our ambitions to protect and enhance the world’s oceans, starting with our own Red Sea,” said John Pagano, Group CEO of Red Sea Global. A signing ceremony between RSG and North Sails Apparel took place at the Grand Finale of The Ocean Race in Genoa, where RSG is the Regenerative Project Partner. The WAMA capsule collection by North Sails Apparel provides a full range of uniforms as well as accessories such as crew bags, backpacks, and laptop cases. The partnership will first see North Sails Apparel provide RSG’s water sports brand, WAMA, with Performance Apparel for all sailing and water sports staff. The collaboration will expand to retail, merchandise and working with the wider North Sails Group across tech, innovation and delivering kite, foil, sails and apparel, footwear and accessories, as well as working collaboratively on events, community engagement and a shared commitment to the protection and enhancement of the marine environment. North Sails Apparel’s commitment to sustainability makes it an ideal partner for RSG. The company is a certified B Corp, demonstrating its commitment to the highest standards of environmental and social governance. It was one of the signatories of the Fashion Pact, a coalition of fashion and luxury brands committed to science-based environmental targets. Most of its polyester and nylon (96 percent) is made …

Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has agreed a pilot project to lay Partanna’s carbon negative concrete pavers at its landscape nursery. Partanna is the pioneer of the world’s first carbon negative concrete, with technology that not only avoids carbon emissions, but naturally removes it from the atmosphere. RSG has agreed a pilot project for the manufacture, delivery and installation of an initial 11,000 carbon negative pavers. The pavers will be placed at RSG’s landscape nursery, the largest in the region at one million m2, which is set to grow more than 30 million plants by 2030 to landscape The Red Sea and Amaala destinations. “We believe that sustainability is no longer enough. We need to find ways to restore and regenerate the planet. That is why we have committed to increasing the net conservation benefit at our destinations by 30 percent through the enhancement of habitats that ensure biodiversity can flourish, and to being carbon neutral when we become fully operational. Green technologies such as Partanna’s carbon negative concrete could play a crucial role in helping us achieve these ambitious aims and even going one step further to become carbon negative,” said John Pagano, Group Chief Executive Officer at Red Sea Global. The product supply agreement and first pilot scheme follow a Memorandum of Understanding (MoU) signed between the two organizations at COP27 in Egypt last year. Under the arrangement, both parties will scope out future pilot projects – including applications of Partanna’s ocean-resilient concrete as an infrastructure solution to coral reef restoration projects at Red Sea Global. Using recycled ocean water brine in its …

Red Sea Global (RSG) has become the first Saudi hospitality entity to achieve the prestigious Green Key certification for its Turtle Bay Hotel at The Red Sea. Turtle Bay Hotel is a self-operated property with 90 employees – 50 percent of whom are Saudi nationals from the local community, and 30 percent are Saudi females. The hotel was officially opened in September 2021 and is an advocate for training young Saudi talent entering the hospitality sector. “As we shape the blueprints for regenerative, responsible tourism, we continue to root our efforts in transparency and accountability. The Green Key certification demonstrates we are being true to our word and living up to the expectations we set ourselves for sustainable growth. Such critical evaluations are key to holding us to account, while galvanizing the sector towards a collective journey into a new era of regeneration,” said John Pagano, Group CEO of RSG. The world’s leading independent certification for excellence in sustainable tourism was awarded to the hotel in recognition of exceptional efforts towards environmental protection, conservation, and regeneration, as driven by RSG’s pioneering approach to responsible development. The hotel was independently assessed by the Green Key Global, a leading international environmental certification body, which conducted a rigorous audit that tracked against 77 criteria across 13 applicable categories. The hotel is powered by RSG’s wider vision to run all operations via 100 percent renewable energy and deliver a 30 percent net conservation benefit by 2040 through the protection and enhancement of key habitats crucial to biodiversity. Turtle Bay Hotel makes optimal use of all natural resources. For instance, strategies are in place to ensure zero waste in sent to landfill and we eliminated …

Rosewood Hotels & Resorts has been selected by Red Sea Global to manage Rosewood Amaala in the Red Sea Region of Saudi Arabia. An area considered to be at the center of the world’s most ambitious regenerative tourism projects, the Red Sea is situated along the country’s west coast and is home to some of the most diverse and delicate natural environments. Rosewood Amaala will be part of Red Sea Global’s Amaala destination, an integrated wellness haven.  Phase One of Amaala – focused on the Triple Bay masterplan – is well underway, with the first guests set to be welcomed in 2024. It will consist of eight resorts offering upwards of 1,200 hotel keys. Once complete, Amaala will be home to more than 3,000 hotel rooms across 25 hotels, and approximately 900 luxury residential villas, apartments, and estate homes, supporting high-end retail, fine dining, wellness and recreational facilities. Sustainability will be at the cornerstone of the property’s entire design and the larger Amaala development has set meaningful targets toward zero impact. The entire destination will be powered by 100% renewable energy and aims to have zero-carbon footprint—with plans to be both zero waste to landfill. Additionally, the endangered Hawksbill and Green Turtles have many nesting sites around the Rosewood Amaala beaches, meaning all construction and design work has been centered around ensuring the turtles are left uninterrupted. For instance, no construction will take place around the nesting areas, and the lighting strategies has been designed to ensure no bright lights shine in the area to avoid disruption. “We are deeply honored to partner with Red Sea Global on Rosewood Amaala and work together to offer a more regenerative model of …

Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, The Red Sea and Amaala, has achieved commercial close on a financing agreement to support its Joint Venture (JV) with Almutlaq Real Estate Investment Co. (AREIC), a subsidiary of the Al Mutlaq Group (AMG). The SAR 1.081 billion (USD 288 million) green financing was provided by Gulf International Bank Saudi Arabia (GIB). The initial joint venture with AREIC was signed in July 2022 and valued at SAR 1.6 billion, for the development of Jumeirah The Red Sea. The resort is a 159-key luxury property situated on The Red Sea destination’s hub island, Shura. Shura Island forms part of the first phase of development, and will comprise 11 luxury, premium and lifestyle hotels and resorts, residential units, a championship golf course, 118 berth marina, and a comprehensive retail, dining, and entertainment offering. Tariq Almutlaq, Chairman of AREIC, said: “We’re delighted to achieve commercial close on our joint venture so soon after signing the agreement and it is testament to Red Sea Global’s best-in-class management team that it has been able to happen. Already progress is being made at pace to bring the destination to life and we are excited to continue helping Red Sea Global achieve its vision.” Abdulaziz Al-Helaissi, CEO of GIB, said: “Red Sea Global has made an ambitious commitment to being conservation-positive, supported by its partnership with King Abdullah University of Science and Technology. GIB is proud to enable this activity through the provision of green finance, and we look forward to seeing the positive impacts generated on sustainable development goals.”   GIB is the fifth Saudi bank to support RSG in the …

Red Sea Global (RSG), the developer behind two of the world’s most ambitious regenerative tourism projects, The Red Sea and AMAALA, has announced new partnerships with The Ocean Race (TOR) for the next two editions of the Race, and with Warner Bros. Discovery (WBD) who will amplify their stories around the world. The Ocean Race has provided the ultimate test for sailing teams since 1973. Known as ‘sailing’s greatest round-the-world challenge’, it is widely recognized as the pinnacle of achievement for sailors across the world, and has created legends of the sport throughout the years. Beyond the race itself, The Ocean Race acts as a global platform to raise awareness of the environmental challenges facing the world’s marine environment and drive positive change. Over the years, it has brought together like-minded partner organizations from across the globe with a shared vision of protecting and enhancing our oceans, seeking to mobilize policymakers and industries in host countries to take action on an international scale. “We are proud to become the Regenerative Project Partner of The Ocean Race. Sustainability sits at the very heart of our work at Red Sea Global, so The Ocean Race – and its impressive ambitions when it comes to ocean health – makes them a natural fit as a partner,” said John Pagano, Group CEO of Red Sea Global. “The sea has always been an important part of Saudi Arabia’s history and heritage – dating back to the ancient spice trade routes, and creating thriving communities along its coasts. Through this partnership, we hope to support the efforts of The Ocean Race to raise awareness of the challenges facing our oceans globally today, and protect the outstanding …