Tourism employment up 4% y-o-y in 2Q 2025 to 997.4k workers
Hospitality facilities surged 58% y-o-y to 5.3k by the end of 2Q 2025
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Hospitality facilities surged 58% y-o-y to 5.3k by the end of 2Q 2025
The project’s southern section is expected to open in 2028
RSG has funneled around SAR 42 bn into the development of the Shura Island so far
The four-year, 2.4k-feddan development near Hurghada will mirror Marassi North Coast
Projects include the Seven Legends Resort
The project’s first phase is estimated to cost SAR 200 mn
The real estate sector took the largest bite of the investments with over SAR 7.2 bn in agreements
Hospitality facilities jumped 78% y-o-y to 5k by the end of 1Q 2025
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