The kingdom is hoping the 19 decommissioned pieces of military hardware, submerged at depths up to 28 metres (92 feet), will attract tourists to the already popular diving resort of Aqaba.
Red Sea
Abu Dhabi
Royal Caribbean eyes future cruises to Saudi Arabia’s Red Sea coast destinations
At the moment, cruise ships on the Red Sea only stop in the Jordanian port city of Aqaba
Amin Nasser
Large gas reserves found off Saudi Arabia’s Red Sea coast
Saudi Aramco is eying opportunities in the US, India, Pakistan, Indonesia and Russia
Ahmed Linjawi
Video: Golf’s role in the new Saudi Arabia
Saudi International golf tournament had approximately 500,000 visitors in 2018. Becoming a premier leisure destination on the Red Sea, he said, form one of the four “strategic pillars” that KAEC is focusing on.
Ahmed Linjawi
Saudi Arabia’s KAEC targeting 1m tourists in 2019
KAEC’s CEO said that ‘elite sports’ such as golf, fishing and motor racing will serve to bring in more domestic and international leisure visitors
Ahmed Al-Bala'a
Saudi firm signs frozen shrimp export deal with China
National Aquaculture Group shipped 6,000 tons of the crustaceans to China since last week
cargo vessels
Saudi Arabia plans Red Sea pact for Arab, African countries
King Salman met with foreign ministry officials from Egypt, Djibouti, Somalia, Sudan, Yemen and Jordan to look into establishing an entity for Arab and African states on the Red Sea coast
Berbera
DP World sees key role for Eritrea in Horn of Africa ports plan
Eritrea’s strategic location near the Bab el-Mandeb Strait, a key shipping lane used by oil tankers and other cargo vessels en route to the Suez Canal, makes it an attractive investment destination for logistics companies
!["Amaala will sit alongside NEOM and the Red Sea project as part of the giga-projects investment portfolio, helping to... [support] economic diversification," PIF said.](https://www.arabianbusiness.com/wp-content/uploads/sites/3/cloud/2021/09/14/SkYzAAQi-Amaala-1-800x488.jpg)
Amaala
Saudi Arabia plans to build ‘Riviera of the Middle East’
The project called ‘Amaala’ would be “a natural extension of the Mediterranean Sea and feature hotels, private villas, an arts academy and a yacht club
Cairo
Red carpet gallery from the El Gouna Film Festival on the Red Sea
El Gouna Film Festival, one of the leading festivals in the MENA region, aims to showcase a wide variety of films for a passionate and knowledgeable audience; while fostering better communication between cultures through the art of filmmaking. The 2nd edition of GFF will present a selection of the newest films from around the globe.
Arabian Gulf
Humpback whale discovered dead on Saudi beach
Local officials say whales often become lost or face accidents in the Red Sea and Arabian Gulf
Crown Prince Mohammed bin Salman
Saudi Arabia to form hydrocarbons committee
The kingdom’s energy, economy, trade and finance ministers will be a part of the committee, headed by Crown Prince Mohammed bin Salman
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Crown Prince Mohammed bin Salman
Saudi king holds first cabinet meeting in kingdom’s ‘city of dreams’
The sci-fi city of Neom on the Red Sea coast is designed to represent Saudi Arabia’s efforts to transform itself away from oil
Bab al-Mandab Strait
Saudis halt oil shipments through Bab al-Mandab strait after Yemen rebel attack
Two oil tankers operated by the Saudi shipping group Bahri, each with a two million barrels capacity, were attacked by Houthi rebels in the Red Sea, state giant Aramco said in a statement.
cinema ban
UAE’s VOX Cinemas to open first Jeddah multiplex by end-2018
Majid Al Futtaim unit says opening is key part of plan to open 600 screens in Gulf kingdom over the next five years
diversify economy
Video: Could Saudi Arabia become a tourist hotspot?
Saudi tourism visas will likely be issued in April 2018, as the kingdom attempts to diversify its economy by attracting millions of tourists.
European Tour
Saudi Arabia to stage first European Tour golf event in 2019
Tournament will be staged at the Royal Greens Golf and Country Club on the Red Sea coastline