Latest news with #regenerativetourism
Arabian Business
6 days ago
- Business
- Arabian Business
Saudi Arabia's Red Sea International Airport now handling domestic and international flights
Red Sea International Airport (RSI), the gateway to Saudi Arabia's luxury regenerative tourism destinations The Red Sea and AMAALA, is now receiving both domestic and international flights, according to Red Sea Global (RSG). Operated by daa International, the airport's Main Terminal Building at Terminals 3 and 4 is now handling domestic flights, offering passengers a smooth and elevated travel experience. International arrivals and seaplane services continue to operate via the dedicated Air Taxi Terminal, ensuring efficient and seamless connections for visitors from around the world. Red Sea International Airport in Saudi Arabia Located 90 km south of Al Wajh in western Saudi Arabia, RSI is within three hours' flying time for 250m people and eight hours for 85 per cent of the global population. The airport's design draws inspiration from the desert, oasis, and sea, creating a tranquil travel environment that reflects the natural surroundings. The state-of-the-art main terminal is scheduled to be fully operational by the end of 2025, with RSI aiming to serve one million guests annually by 2030. More destinations and services are expected to be added in the coming months, further cementing RSI's role as a strategic hub for Saudi Arabia's high-end tourism sector.
Yahoo
08-08-2025
- Business
- Yahoo
Start Equity Ventures and Red Sea Global Sign Strategic MoU to Accelerate Innovation and Investment Across Saudi's Emerging Tech Ecosystem
RIYADH, Saudi Arabia, Aug. 08, 2025 (GLOBE NEWSWIRE) -- Start Equity Ventures, a Washington, DC based venture capital and innovation platform, has signed a strategic Memorandum of Understanding (MoU) with Red Sea Global's Technology Department under its Innovation and Partnerships Division. The partnership aims to identify, support, and scale pioneering startups through collaborative pilots, co-investments, and long-term ecosystem development in Saudi Arabia. The MoU lays the foundation for joint efforts in advancing smart city technologies, artificial intelligence, and regenerative tourism solutions. By aligning on shared objectives, Start Equity Ventures and Red Sea Global will help high-impact startups transition from proof-of-concept to scaled deployment, empowering Saudi's position as a regional innovation leader. Mohammed Ahmed, Founder & Managing Partner at Start Equity Ventures, stated: 'This partnership with Red Sea Global represents the kind of collaboration that moves the needle, not just in capital, but in capability. Together, we are creating a bridge between early-stage innovation and institutional readiness, unlocking growth for entrepreneurs across the Kingdom and the region.' Sultan Moraished, Group Head of Technology & Corporate Excellence at Red Sea Global, added: 'Our mission is to drive sustainable, high-impact innovation that benefits both communities and industries. This MoU with Start Equity Ventures enables us to work with visionary founders and technologies, and turn them into real-world solutions at scale.' This collaboration reflects a shared vision to build a future where technology, sustainability, and entrepreneurship go hand in hand, and where Saudi Arabia stands at the center of global innovation. For inquiries or partnership opportunities, please contact: For Media Inquiries or Partnership Opportunities with Start Equity Ventures, Please Contact: Mohammed Ahmed Founder & Managing Partner Start Equity Venturesmohammed@ in Washington, D.C. For Venture and Investment Collaborations with Red Sea Global, Please Contact: AnaMaria Meshkurti Ventures and Partnerships Red Sea Global Based in Riyadh, Saudi Arabia For Innovation Collaborations with Red Sea Global, Please Contact: Rafah Alkhatib Innovation, Technology Planning and Development Red Sea Global Based in Riyadh, Saudi Arabia This content is provided by the sponsor. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or business advice. All investments carry inherent risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any inaccuracies, misrepresentations, or financial losses resulting from the use or reliance on the information in this press release. Speculate only with funds you can afford to lose. In the event of any legal claims or concerns regarding this article, we accept no liability or responsibility. GlobeNewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without warranties or representations of any kind, express or implied. We assume no responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained herein. Any complaints, copyright issues, or inquiries regarding this article should be directed to the content provider listed above. A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
