Red Sea Global—formerly known as The Red Sea Development Company—is a major Saudi closed joint-stock enterprise owned entirely by the Public Investment Fund to engineer and manage large-scale luxury tourism destinations along the nation's west coast. Tasked with delivering landmark regenerative projects such as The Red Sea and Amaala, the corporation integrates cutting-edge environmental conservation practices, renewable energy reliance, and ultra-luxury hospitality to transform the kingdom into a premier global travel hub.