Skip to content Skip to Search
Skip navigation

Red Sea Global reveals own luxury resort brand

An artist's impression of the stainless steel villas at Shebara, Red Sea Global's latest luxury resort Red Sea Global
An artist's impression of the stainless steel villas at Shebara, Red Sea Global's latest luxury resort
  • Development of stainless steel villas
  • Resort includes own solar farm
  • 50 resorts planned for project by 2030

The Saudi developer Red Sea Global (RSG) will open Shebara, its own luxury resort brand, next summer at the Red Sea tourism project.

The resort, on Sheybarah Island in the Al Wajh Lagoon, will house 73 keys, including overwater and beach villas. Guests can get to the resort after a 45-minute boat ride, or 20 minutes by seaplane.

The resort’s theme, developed by Killa Design, is based on reflections of nature, with the villas made of stainless steel.  

All 38 overwater villas are now in place. So far, 25 beach villas have been installed, and substantial progress has been made on the other structures and infrastructure.

An artist’s impression of the view lobby of Shebara resort

Shebara will be powered by its own solar farm, which includes more than 11,000 PV panels.

In total, RSG has constructed five solar farms to power the first phase of the tourist destination, with more than 760,000 PV panels installed.

Last month RSG announced the development of Thuwal Private Retreat, an island destination, which it will wholly own and operate.

Upon full completion in 2030, the Red Sea project will comprise 50 resorts, with up to 8,000 hotel rooms and more than 1,000 residential properties across 22 islands and six inland sites.  

Shebara’s stainless steel villas

Latest articles

PIF's Starbucks shareholdings were cut almost by half from 6.3 million shares to 3.8 million

PIF slashes Starbucks stake as it cuts US stocks by $15bn

Saudi Arabia’s Public Investment Fund (PIF) has slashed its US equity holdings by 42 percent to $20.6 billion, including its stake in Starbucks, the global coffee chain that has suffered calls for a boycott as a result of the Gaza conflict. The latest US government data highlights funding challenges facing the Saudi giga-projects.  The filing […]

Tunisia olives

Soaring olive oil exports help Tunisia balance books

Tunisia’s soaring olive oil exports have almost doubled to close to $1 billion in just five months, helping it claw back its current account deficit.   However the increased revenues merely “paint over the cracks” and the country is still probably heading towards a sovereign default, according to an economic expert. Tunisia’s current account deficit narrowed […]

Iraqi prime minister Mohammed Shia Al-Sudani attends licensing rounds for 29 oil and gas exploration blocks at the oil ministry's headquarters in Baghdad

Falling oil prices deepen Iraq’s fiscal imbalances, says IMF

Iraq’s fiscal imbalances have worsened due to significant fiscal expansion and lower oil prices, according to the International Monetary Fund (IMF). “The ongoing fiscal expansion is expected to boost growth in 2024 at the expense of a further deterioration of fiscal and external accounts and Iraq’s vulnerability to oil price fluctuations,” the Washington-based fund said in […]

Saudi aluminium producer Talco is offering 12 million shares

Aluminium producer Talco announces Saudi IPO

Aluminium producer Al Taiseer Group Talco Industrial Company (Talco) is the latest entity to reveal initial public offering (IPO) plans in Saudi Arabia. The Riyadh-based company, which was set up in 2009, is offering 12 million shares, a 30 percent stake, on the Saudi Exchange (Tadawul) at a nominal value of SAR10 ($2.67) per share. […]