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Red Sea Global is the developer responsible for some of the world's most ambitious regenerative tourism and construction projects.
The Red Sea Global (RSG) was established in 2018 as a closed joint stock company wholly owned by the Public Investment Fund (PIF) of Saudi Arabia to drive the development of The Red Sea Project, a regenerative tourism destination along Saudi Arabia’s west coast, and one of three giga-projects announced by HRH Crown Prince Mohammad bin Salman ...
- Mission
- Respect Responsibility Collaboration
- Passion
- Executive Management Committee
- Raising The Bar of Good Governance
- Cybersecurity Management Committee
- Business Resilience Management Committee
- Sharing Best Practices
- Digitizing Our GRC Program
To become a leading global real estate company with world-class internal capabilities through the development of The Red Sea Project and by expanding to develop new projects. By establishing a vertically integrated development company, we ensure our ability to build unique destinations to the highest standards of quality and ensure that we deliver ...
• Respect is at the center of everything we do and is the beating heart of our values. • We treat all our colleagues with respect and embrace different backgrounds and perspectives. • We have a deep respect for the natural environment and are committed to protecting it for future generations. • We respect the culture and heritage of Saudi Arabia. •...
• We are passionate to achieve results with excellence. • We continually go beyond what is expected of us to achieve the best outcomes. • We strive every day to achieve the ambitious targets of our company. • We are passionate about Saudi Arabia and the opportunity to showcase our warm hospitality to the world. At RSG, we aim to set new standards i...
Supports our Group CEO in exercising oversight responsibility and coordinates our operational and risk activities in line with our corporate strategy. Sustainability Management Committee Reviews and oversees the implementation of our sustainability strategy, environment and sustainability framework, strategic KPIs, targets, programs, and initiative...
We follow a strong set of governance principles to ensure effectiveness, supervision and accountability across every area of our organization.
Approves and oversees the implementation of our cybersecurity strategy, while making sure it is aligned with our strategic objectives and compliant with the relevant regulations. Grievances and Termination Management Committee Reviews, investigates, and recommends a course of action for grievances raised by employees. We have committed to going bey...
Oversees Business Resilience Management responsibilities and acts as a strategic committee in the event of a crisis. This includes sustainabilityrelated emergencies and crises. Risk Management Committee Established in 2021 Oversees and monitors the strategies, policies and practices to identify, manage, mitigate and report our material risks includ...
We believe that sharing best practices with other organizations will unlock a wealth of knowledge and experiences across the business community, speed up the learning curve, and establish a culture of continuous improvement. Therefore, we have published externally our own Internal Control Toolkit, which sets an example of good governance for other ...
We have conducted a large-scale implementation of the Enterprise GRC Solution (Solution) which leverages technology to integrate and automate our organization’s risk and control functions and achieve enhanced monitoring, reporting and alignment across multiple divisions, thereby building more trust in our processes. The Solution is planned to be la...
Dec 21, 2023 · RSG is the visionary company behind some of the world’s most ambitious development ventures, including luxury regenerative tourism destinations such as The Red Sea and Amaala.
Jun 14, 2021 · Welcome to The Red Sea Development Company’s (hereinafter referred to as TRSDC), inaugural Sustainability Report. In this report, we provide our stakeholders with a comprehensive overview...
Dec 25, 2022 · Red Sea Global’s annual Sustainability Report unveils new standards in transparency and accountability. The report details the company’s pioneering approach to sustainable development and achievements to date, and demonstrates its commitment to strong governance. Riyadh, (25 December 2022): Red Sea Global (RSG), the multi-project developer ...
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What is the Red Sea?
Red Sea Global (RSG) is a multi-project developer based in Saudi Arabia, seeking to lead the world toward a more sustainable future. It is the force behind some of the world’s most ambitious tourism ventures, including The Red Sea giga-project and Amaala.
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