Shura resort launches as Saudi megaprojects bow to budget gaps
Budget deficits have forced Saudi Arabia to shrink or shut down projects ranging from NEOM’s The Line to Riyadh’s cube-shaped Mukaab
Red Sea Global
Shura Island's hotels are open for bookings starting May 20
It’s showtime this week for Shura Island, the Saudi Public Investment Fund’s $690 million luxury resort project whose opening has been postponed since early last year.
Managed by Four Seasons, the island’s development is backed by the PIF’s...