Tag: Red Sea Project

Amaala – a world class wellness tourism center coming up in Saudi Arabia

Site of Amaala Project (Photo Courtesy: Saudi Gazette) Saudi Arabia is planning to build a luxurious tourism center with international standards. It is in addition to the two mega projects in the banks of the red sea. The project cost will be mainly spent from the Sovereign Wealth Fund (Public Investment Fund) of Saudi. Public Investment Fund has announced that they will bear the initial costs of the project, which is named as Amaala. The project will spread on 3,800 square meters will be developed on the concepts of Wellness, Healthy Living and Meditation. Other than the PIF Funding, lots ... Read more