Four Seasons Resort and Residences Opens on Shura Island, Joint Venture by RSG and Kingdom Holding Company
🌏 Saudi Arabia, Riyadh, July 24, 2026: Red Sea Global (RSG) and Kingdom Holding Company (KHC) launched Four Seasons Resort and Residences Red Sea at Shura Island on May 20. The SAR 2.6 billion project, funded partly by SAR 2 billion from Riyad Bank, features 149 accommodations and 31 residences. Occupancy reached 82% during Ramadan's final 10 days. 32 new flights will support rising demand during Eid Al-Adha. The Red Sea now hosts 11 hotels, with six more planned.
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