As Saudi Arabia accelerates its drive to become a global tourism and innovation hub, Red Sea Global (RSG) has signed a landmark agreement with stc Group to invest approximately $320 million in next-generation digital infrastructure. This strategic partnership aligns with the Kingdom’s Vision 2030, which aims to reshape the economic landscape by embedding technology-driven, sustainable development across key sectors, particularly tourism.

The investment will upgrade digital services across RSG’s expanding portfolio of luxury resorts and communities, enabling world-class connectivity, smart operations, and enhanced guest experiences.

Ahmad Darwish, Group Chief Administrative Officer at Red Sea Global, said: “This $320 million investment with stc represents a major milestone in our journey, enabling us to embed world-class digital infrastructure into our destinations. It is a testament to the strength of our collaboration and our joint commitment to realising Saudi Vision 2030 through transformative projects.”

Riyadh Muawad, stc Group’s Chief Business Officer, stated: “We are proud to partner with Red Sea Global to deliver world-class digital infrastructure across its portfolio of luxury tourism destinations. This collaboration reflects our unwavering commitment to technological excellence and reaffirms stc Group’s role as a key enabler of digital transformation in support of landmark projects aligned with Saudi Vision 2030. It also highlights our active contribution to shaping an exceptional, future-ready hospitality experience for visitors to the Kingdom.”

The agreement encompasses AI-driven services, cloud computing, digital twin technology, advanced analytics, enhanced cybersecurity, and scalable infrastructure, ensuring RSG’s destinations remain adaptable and future-ready.