Red Sea Global

Red Sea Global
Native name
البحر الأحمر الدولية
FormerlyThe Red Sea Development Company (TRSDC)
Company typePrivate
IndustryReal estate development
Founded31 July 2017 (2017-07-31)
FounderMohammed bin Salman
Headquarters,
Key people
OwnerPublic Investment Fund
SubsidiariesThe Red Sea Project
Amaala
Thuwal
RSG Hospitality
Fly Red Sea
Red Sea Residences
Botanica
Websitewww.redseaglobal.com/en/

Red Sea Global (RSG; Arabic: البحر الأحمر الدولية), previously known as The Red Sea Development Company, 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. As one of Saudi Arabia's Vision 2030 goals, Red Sea Global aims to diversify the Saudi economy away from fossil fuels by contributing to the growth of its tourism sector.