2018 The establishment of an independent company named the Red Sea Development Company (now Red Sea Global Company ) as one of the projects of the Public Investment Fund within the Red Sea Project , launched by His Royal Highness Prince Mohammed Bin Salman Bin Abdulaziz, crown prince and prime minister, on July 17, 2017. 2019 The start of the first phase of the Red Sea Project, which included the construction of the Red Sea International Airport, the port, luxury hotels, workers' accommoda...