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Red Sea Global (RSG; Arabic: البحر الأحمر الدولية), previously known as The Red Sea Development Company, [4] is a real estate development company based in Tabuk, Saudi Arabia. The company was founded in July 2017 by the Saudi crown prince Mohammed bin Salman, and is owned by the Public Investment Fund. [5]
The Red Sea Project (Arabic: مشروع البحر الأحمر), simply referred to as The Red Sea (Arabic: البحر الأحمر), is a tourism megaproject under construction in the Red Sea coast of Saudi Arabia. The project, which is developed by Public Investment Fund-owned Red Sea Global, forms part of the Saudi Vision 2030 program. [2]
Red Sea International Airport (IATA: RSI, ICAO: OERS) (Arabic: مطار البحر الأحمر الدولي) is an international airport in Hanak, Tabuk in northwestern Saudi Arabia serving the tourism megaproject in development The Red Sea Project.
Global trade fell 1.3% from November to December, Germany’s Kiel Institute for the World Economy said Thursday, citing “consequences of the attacks on cargo ships in the Red Sea.”
The Red Sea project, between the cities of Umluj and Al-Wajh, will develop 22 of the 90 islands, and will be powered by 100% renewable energy, says the developer.By 2030 it is expected to comprise ...
San Francisco-based global logistics firm Flexport says historically 90% of cargo shipped from China to Europe would have moved through the Red Sea, but now 90% of that traffic is taking a detour ...
August 2024 oil spill caused by attacks on the tanker Sounion; Location: Red Sea, "77 nautical miles to the West of Al Hudaydah": Coordinates: 1]: Date: 22 August 2024: Cause; Cause: Destruction of the oil tanker Sounion by Houthi militants: Operator: Delta Tankers: Spill characteristics; Volume: Up to 150,000 tons (~1 million barrels) of petroleum: The attacks on the MT Sounion refers to ...
Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with ...