RIYADH — Pink Sea Globa will mark a pivotal transition in 2026 because it strikes from growth into full operations, with the opening of Section One in every of each the Pink Sea and Amaala locations by the tip of the yr, an official stated.
Talking on the PIF Personal Sector Discussion board, Greg Djerejian, Group Chief Authorized Officer and Group Head of Investments at RSG, stated the corporate will open Shura, the hub island of the Pink Sea vacation spot, finishing Section One of many venture.
On the identical time, Section One in every of Amaala, positioned round 200 kilometers north alongside the Pink Coastline, may even open.
“By the tip of the yr, we’ll have opened Pink Sea Section One and Amaala Section One,” Djerejian stated, including that the 2 locations will collectively characteristic 25 motels, rising to 27 when together with the 2 Turtle Bay properties.
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He stated the milestone marks a strategic shift for the corporate.
“That is actually the pivotal yr the place Pink Sea World is transitioning from being a developer to being an operator,” he stated, noting that the corporate is making ready to welcome its first giant wave of company throughout each locations.
Djerejian stated Pink Sea World additionally continues to advance its wider venture pipeline, describing the interval forward as “an thrilling time” for the corporate.
He expressed appreciation for continued assist from the Public Funding Fund, saying it has been central to enabling supply and long-term planning.
“We’re very grateful for PIF’s continued assist and the longer term may be very shiny,” he stated, inviting companions and guests to expertise the locations firsthand.
