Your Weekly Round Up

YOUR WEEKLY ROUNDUP

In case you missed this weeks latest developments in the growth of Saudi Arabia we’ve compiled the best articles for you.

In Today’s Edition:

• Cristiano Ronaldo Buys Two Luxury Villas at Red Sea’s Nujuma, a Ritz-Carlton Reserve

• Red Sea Global Sells 50% of Nammos Branded Apartments at AMAALA in Two Weeks

• Jeddah Tower Reaches 80 Floors to Dethrone Dubai’s Burj Al Khalifa Soon

• Saudi Arabia and Qatar Sign Agreement to Build 785 km High Speed Electric Rail Project

• Today’s Newsletter’s Sponsor

RED SEA GLOBAL

✨Cristiano Ronaldo Buys Two Luxury Villas at Red Sea’s Nujuma, a Ritz-Carlton Reserve

Football superstar Cristiano Ronaldo and his partner Georgina Rodríguez have officially become homeowners in Saudi Arabia’s Red Sea destination, acquiring two ultra-luxury villas at Nujuma, a Ritz-Carlton Reserve.

Key Takeaways:

• Their homes are part of the Red Sea Residences, an elite collection of just 19 branded villas.

• While the exact price hasn't been officially disclosed, reports estimate the combined value of the two villas at over $9 million (£7 million).

• Ronaldo and Rodriguez have been frequent visitors to the Red Sea since its first resorts opened in 2023.

This move marks a significant personal investment by Ronaldo in Saudi Arabia beyond his football career with Al Nassr. Read more

RED SEA GLOBAL

✨Red Sea Global Sells 50% of Nammos Branded Apartments at AMAALA in Two Weeks

Red Sea Global (RSG) has announced a significant sales milestone, with 50% of the Nammos-branded apartments at the AMAALA destination being sold within just two weeks of their official launch.

Key Takeaways:

• Wellness-focused homes integrated with a medical wellness facility.

• A collection of 26 ultra-luxury villas; the first has already been sold.

• Neighborhoods like the Andar residences offering a more laid-back lifestyle.

Red Sea Global’s rapid sell-through of 50% of the Nammos-branded apartments at AMAALA in just two weeks highlights the massive investor appetite for ultra-luxury coastal living in Saudi Arabia. Read more

HOSPITALITY

✨ Jeddah Tower Reaches 80 Floors to Dethrone Dubai’s Burj Al Khalifa Soon

The Jeddah Tower, set to become the world's tallest building at over 1,000 meters, has reached nearly 80 floors following the resumption of construction in January 2025.

Key Takeaways:

• The project is on track for completion by 2028.

• It is currently rising at a rapid pace of one floor every 3 to 4 days.

• The tower has surpassed 80 floors, with the concrete core over 50% complete.

After a significant pause, the Jeddah Tower has regained momentum and is now rapidly climbing toward its goal of becoming the first building to exceed the one-kilometer mark. Read more

TRAVEL

✨Saudi Arabia and Qatar Sign Agreement to Build 785 km High Speed Electric Rail Project

Saudi Arabia and Qatar have officially signed an agreement to develop a 785 km high-speed electric railway connecting Riyadh and Doha. This landmark project is designed to transform regional travel and strengthen economic ties.

Key Takeaways:

• The rail link is projected to serve over 10 million passengers annually.

• The line will connect Riyadh, Hofuf, and Dammam in Saudi Arabia to Hamad International Airport in Doha.

• The trains will exceed speeds of 300 km/h, reducing the journey between the two capitals to approximately 2 hours.

This 785 km high-speed rail agreement marks a major milestone in Gulf connectivity. By drastically cutting travel time and fostering economic growth, the project serves as a cornerstone for future regional cooperation, tourism, and infrastructure modernization between Saudi Arabia and Qatar. Read more

This Newsletter Is Sponsored by Welcome Saudi

The No. 1 Travel Website To Discover The Best Hotels, Restaurants & Tourist Destinations in Saudi Arabia