Red Sea Global

Status

ACTIVE

Global HQ

Riyadh, Saudi Arabia

Countries of investment

Saudi Arabia

Investment stages

Not Applicable

Industries

Sustainability
Real Estate Tech

About
Red Sea Global (RSG) is a closed joint-stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia. It is the developer behind several of the world's most ambitious regenerative tourism destinations, such as The Red Sea and AMAALA. Its mission is to drive economic diversification and position Saudi Arabia as a leading global tourism hub by developing sustainable luxury projects.

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Investment Thesis

Red Sea Global is not a traditional venture capital firm but a real estate and tourism developer. Its investment philosophy centers on creating ambitious, regenerative luxury tourism destinations in Saudi Arabia, with a strong emphasis on sustainability and environmental preservation. Backed by Saudi Arabia's Public Investment Fund (PIF), it focuses on large-scale, long-term development projects in the hospitality and infrastructure sectors, aiming to set new global standards for responsible development rather than investing in external startups.

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Manager's Experience

The leadership team, led by Group CEO John Pagano, consists of executives with extensive international experience in real estate development, hospitality, and managing large-scale construction projects. Their expertise lies in delivering ambitious tourism and property destinations, not in venture capital or startup investing. The company is wholly owned by the Public Investment Fund (PIF) of Saudi Arabia.