Amaala

This mega-project along the Red Sea, in the Tabuk province, will border the city of Neom and the Red Sea Project within the Prince Mohammed bin Salman Natural Reserve, helping to establish a new luxury tourism destination.

Dubbed the 'Riviera of the Middle East', the development will consist of 2,500 hotel rooms and 700 private residential villas along with a retail area with 200 outlets. Amaala will also feature an academy of the arts that aims to further develop young artists from Saudi Arabia and the broader region. The 3,000 square kilometre development, which will be spread across the three sites, will have its own airport and target luxury travellers.

There are three areas of Amaala: Triple Bay will have a sports academy and resorts, with a focus on wellness; The Island will feature luxury villas and artist studios and The Coastal Development will be the arts and culture hub of the area.

The initial funding for the project will be provided by Saudi Arabia’s Public Investment Fund, although the size of the investment has not been revealed. The project, which is expected to be completed in 2028, is expected to generate up to 22,000 jobs for the Kingdom.

Source: The National