Red Sea posts SAR 62M loss in 2024, SAR 17M in Q4 12 M 2024 Red Sea 9M 2024 net loss shrinks to SAR 45.6M; Q3 at SAR 23.3M 9 M 2024 Red Sea makes SAR 2.7M profit in H1 2024, SAR 8.7M in Q2 6 M 2024 ...

Red Sea Global stands as a cornerstone of Saudi Arabia’s ambitious Vision 2030 strategy. Backed by the Public Investment Fund (PIF), the Kingdom’s sovereign wealth fund, this gigantic tourism ...

Researchers have discovered a giant coral colony on the north-western coast of Saudi Arabia, in a part of the Red Sea that is being developed as a luxury tourist resort. The colony, a feature ...

Chevron Corporation CVX, along with several other multinational energy firms, has exited its oil concession blocks in Egypt’s Red Sea region after failing to discover commercial oil or gas reserves.

CAIRO, - A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks after making no finds and have channelled their resources ...

Red Sea Global has unveiled Laheq Island, a new residential community at The Red Sea promising to bring island-lifestyle to Saudi Arabia for the first time. Laheq marks the first plans beyond Phase ...

The conflict in the Red Sea that started in November 2023 has had a significant impact on carbon emissions in ocean container shipping. Data shows that global ocean container shipping emitted all ...

Various multinational oil and gas companies including Chevron (NYSE:CVX) have exited their Red Sea oil and gas concession blocks after making no finds, and will redirect their resources to other ...

Saudi Arabia has revealed the latest part of its Red Sea giga-project, which is one of several massive developments helping transform the oil-rich desert kingdom into a tourist paradise.