
Red Sea Global Wins Two Public Investment Fund Awards for Excellence in Project Management
Red Sea Global (RSG) has announced that it has won two honors at the Public Investment Fund’s (PIF) Project Management Office (PMO) Awards, which celebrate excellence and leadership in project management across the fund’s portfolio companies.
According to an RSG press release, the company earned the “PMO of the Year” award in the Ongoing Mega Projects category, recognizing the collaborative efforts between its Enterprise Project Management Office (EPMO) and Technical Project Management Office (TPMO). Additionally, Shebara Resort was named “Project of the Year,” highlighting one of the most luxurious resorts within The Red Sea destination.
RSG’s Group Chief Administrative Officer Ahmed Ghazi Darwish stated: “Winning two awards in one year reflects our organization’s maturity, discipline, and innovation embedded in our project delivery ecosystem. Our enterprise and technical project management teams have built a fully integrated project management culture that turns ambition into achievement, ensuring the realization of Saudi Vision 2030 objectives through world-class results.”
The “PMO of the Year” award, said the release, underscores the strength of RSG’s governance model and the successful integration between its administrative and technical structures. This approach ensures comprehensive institutional alignment, enhances transparency, and accelerates execution across the company’s destinations.
The “Project of the Year” recognition for Shebara Resort affirms RSG’s capability to deliver pioneering hospitality projects that blend innovative design and advanced technologies in remote and environmentally sensitive locations—setting new global standards for sustainable tourism development.
Head of the Technical Project Management Office at RSG Faisal Batt commented: “This recognition reflects the precision, flexibility, and spirit of continuous innovation that define the culture of technical project management at Red Sea Global.”
Through its continuous pursuit of excellence and innovation in project management, Red Sea Global reinforces its position as one of the most mature and future-ready companies within the PIF’s portfolio, while driving Saudi Arabia’s ambition to build a thriving, sustainable, and globally competitive tourism sector, added the release.
The Red Sea destination welcomed its first guests in 2023, with both international and domestic flights operating through Red Sea International Airport. The destination currently features three luxury resorts, alongside two resorts owned and operated by Red Sea Global.