Saudi’s Red Sea Global (RSG) has announced a new partnership with Monaco Marina Management in efforts to position the kingdom as a distinguished yachting destination.
The partnership with M3 was confirmed in a signing ceremony that took place at the Monaco Yacht Show within the Saudi Red Sea Authority exhibition stand.
The forthcoming calendar, as a result of this partnership will see a vast event calendar, sailing academy, training and recruitment support as well as, seasonal and reciprocal opportunities.
“The Amaala Yacht Club, with its signature architecture inspired by the rock formations that created our Triple Bay millennia ago, will be the stunning centerpiece of our marina development. With M3’s support, our facilities, operations, services and amenities will ensure our Yacht Club honors the striking landscape in which it is set and makes Amaala one of the world’s most distinguished yachting destinations,” said John Pagano, Group CEO of Red Sea Global.
“What excites me most about this partnership is the opportunity for training and knowledge transfer. Empowering Saudi nationals has always been at the center of our regenerative approach, and with our marina employees receiving best-in-class training both in Monaco and at Amaala, we are confident that we are fulfilling our promise to create destinations by the people and for the people of Saudi Arabia,” he Pagano added.
The four story yacht club at Amaala, designed by HKS, sits on a 10-hectare basin and boasts a 120-berth marina.
José Marco Casellini, CEO of Monaco Marina Management, said, “Red Sea Global’s vision for regenerative tourism closely mirrors our mission to promote sustainable yachting. We’re excited to help bring these ambitions to life and work together to put the Amaala Yacht Club and Saudi Arabia on the global yachting destination. Moreover, M3 being part of the collective “Monaco, Capital of Advanced Yachting” approach, we are glad to spread the initiatives of the Monaco Principality as a spearhead for responsible yachting”.
Phase one of AMAALA is underway with the aim to welcome guests by 2025. Housing eight resorts, the destination is set to offer over 1,200 keys.
Follow us on
