Red Sea Global Secures SAR 1.2 billion investment from stc group to accelerate digital transformation across its destinations

• One of the largest single digital infrastructure commitments in Saudi Arabia’s tourism sector, enabling world-class smart destination development.
• Builds on the strong and productive partnership between RSG and stc in advancing sustainable, smart destination development.
• Anchored by a series of customized Master Services Agreements (MSAs) designed to provide scalability, ease of deployment, and tailored ICT solutions.

Riyadh, 29 Sep 2025 – Red Sea Global (RSG), the developer behind regenerative tourism destinations The Red Sea and AMAALA, has announced a landmark agreement that will see stc group, Saudi Arabia’s leading digital enabler, invest more than 1.2 billion SAR in expanding digital infrastructure and services across RSG’s portfolio of resorts and communities.

This strategic investment marks one of the largest of its kind in Saudi Arabia’s tourism sector. It underscores the Kingdom’s ambition to become a global leader in smart destination development, delivering transformative guest experiences while advancing national digital economy goals.

stc group’s Chief Business Officer, Riyadh Muawad, stated: “We are proud to partner with Red Sea Global to deliver world-class digital infrastructure across its portfolio of luxury tourism destinations. This collaboration reflects our unwavering commitment to technological excellence and reaffirms stc group’s role as a key enabler of digital transformation in support of landmark projects aligned with Saudi Vision 2030. It also highlights our active contribution to shaping an exceptional, future-ready hospitality experience for visitors to the Kingdom. We remain deeply invested in advancing Red Sea Global’s bold vision and playing a meaningful role in its continued success.”

Building on the strong partnership between the two organizations, stc will provide next-generation connectivity and ICT services across RSG’s destinations. This includes high-speed networks, resilient backup systems, and integrated digital operations. The expanded partnership will also introduce AI-driven services, cloud-based operations, digital twin technologies for real time modeling and optimization, advanced analytics to support decision-making, enhance cyber security, state of the art data centers to ensure secure, scalable infrastructus, and personalize guest experiences at scale.

In addition, the agreement signed between RSG and stc create a flexible and future-proof framework, enabling rapid rollout of new technologies and bespoke digital solutions that meet the evolving needs of RSG’s destinations, tenants, and investors.

Sultan Moraished, Group Head of Technology & Corporate Excellence, Red Sea Global, added: “This investment establishes the digital backbone of our destinations, enabling Red Sea Global to deliver seamless guest experiences and set new benchmarks for smart, sustainable development. The tailored agreements also provide us with the flexibility to integrate advanced ICT solutions and leverage stc’s global ecosystem of partners, ensuring we continue to scale with confidence as our portfolio grows.”

RSG welcomed its first guests to The Red Sea in 2023 and now operates five resorts, as well as Red Sea International Airport (RSI). This year, Shura Island – the heart of The Red Sea – will begin opening the first of its 11 resorts, as well as Shura Links, an 18-hole championship golf course.