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Red Sea Global Achieves 6 New LEED Certifications
The Red Sea Project, a visionary tourism development in Saudi Arabia, is prioritizing sustainability alongside luxury. Red Sea Global has secured six new LEED certifications for its luxury properties, solidifying its position as a leader in eco-friendly hospitality.
The Suadi Boom
September 25, 2024
LATEST NEWS
In Today’s Edition:
Red Sea Global Achieves 6 New LEED Certifications for Luxury Properties on Red Sea
Qatar Airways Expands Flights to Saudi with More Abha and NEOM Flights
Saudi Arabia’s Real Estate Market Continues its Growth in First Half of 2024
Halo Space to Launch Next Test Flight from Riyadh in September 2024
RED SEA GLOBAL
✨Red Sea Global Achieves 6 New LEED Certifications for Luxury Properties on Red Sea
The Red Sea Project, a visionary tourism development in Saudi Arabia, is prioritizing sustainability alongside luxury. Red Sea Global has secured six new LEED certifications for its luxury properties, solidifying its position as a leader in eco-friendly hospitality.
Key Takeaways:
Six prestigious LEED (Leadership in Energy and Environmental Design) certifications awarded to Red Sea Global's properties.
These certifications recognize the project's commitment to sustainable construction practices and energy efficiency.
Examples include the Six Senses Southern Dunes Resort, The St. Regis Red Sea Resort, and Nujuma, a Ritz-Carlton Reserve, all achieving LEED v4 BD+C: Hospitality Platinum.
The Red Sea Project is setting a new standard for sustainable luxury tourism. These LEED certifications not only benefit the environment but also enhance the appeal of the destination for eco-conscious travelers. Read more
TRAVEL
✨Qatar Airways Expands Flights to Saudi with More Abha and NEOM Flights
Travelers rejoice! Qatar Airways is expanding its reach within Saudi Arabia, offering increased flight options to the beautiful city of Abha and the futuristic development of NEOM.
Key Takeaways:
Abha Access: Starting in January 2025, Qatar Airways will introduce two new weekly flights to Abha International Airport, making it easier to explore the region's stunning mountain landscapes and rich cultural heritage.
NEOM Focus: During the winter season, Qatar Airways will boost its NEOM offerings with four weekly flights to NEOM Bay Airport. This caters to the growing interest in experiencing this cutting-edge city unlike any other.
Seamless Connections: These additional flights connect with Doha's Hamad International Airport, recently ranked the World's Best Airport by Skytrax, allowing passengers seamless connections from over 170 destinations globally to Abha and NEOM.
Qatar Airways' expansion strengthens Saudi Arabia's air connectivity and opens doors for a wider range of travelers to experience the Kingdom's diverse offerings. Read more
REAL ESTATE
The Saudi Arabian real estate market is on a roll! The residential and hospitality sectors are witnessing a surge, while the office market remains competitive.
Key Takeaways:
Residential Boom: Riyadh and Jeddah saw the delivery of 27,500 new residential units in the first half of 2024, contributing to rising sale prices and rental rates.
Hospitality Growth: Increased tourism initiatives are driving demand for hotel and hospitality services, leading to further growth in this sector.
Office Market Resilience: Despite some challenges, the office market remains resilient, with ongoing demand from both local and international businesses.
Saudi Arabia's real estate market is thriving, fueled by strong economic growth and increasing investment. The residential, hospitality, and office sectors are all contributing to the overall vibrancy and development of the Kingdom's real estate landscape. Read more
COMPANIES
Halo Space, a leading near-space tourism company, is gearing up for its next test flight this September. Launching from Riyadh, this mission will test their Aurora capsule and push the boundaries of Saudi Arabia's ambitions in space tourism.
Key Takeaways:
The test flight, scheduled for late September, will take place near Layla, approximately 350 km southeast of Riyadh.
Halo Space's Aurora capsule will undergo rigorous evaluations at an altitude of 30 kilometers above Earth's surface.
This mission represents a crucial step towards Halo Space's goal of offering commercial near-space tourism flights by 2026.
Halo Space's upcoming test flight signifies a leap forward in Saudi Arabia's burgeoning space tourism industry. It paves the way for future space experiences for travelers seeking a taste of the extraterrestrial. Read more
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