Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global
Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global
Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global
Red Sea Global is behind luxury ecotourism development The Red Sea. Photo: Red Sea Global

Red Sea Global signs 25-year agreement with Masdar and France's EDF


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Saudi Arabian developer Red Sea Global has signed a 25-year concession agreement with French utility EDF and the UAE-based clean energy company Masdar to power luxury development Amaala.

A 4,000-square-kilometre integrated wellness destination within the Red Sea Global development, Amaala will be powered entirely by solar energy, saving the equivalent of nearly half a million tonnes of carbon dioxide emissions every year, Red Sea Global said in a statement on Monday.

Amaala's utility infrastructure includes an off-grid renewable energy system powered by PV technology, a battery energy storage solution, and desalination and wastewater treatment plants that are powered by clean energy.

“Sustainability is a cornerstone of Amaala, and our new partnership with EDF and Masdar will drive us towards achieving a zero-carbon footprint once fully operational,” said John Pagano, group chief executive of Red Sea Global.

Amaala’s renewable supply system can generate up to 410,000 megawatt-hours a year, enough to power 10,000 households for 12 months, said the Riyadh-based multi-project developer that is also behind luxury ecotourism development The Red Sea.

The battery storage plant has a capacity of 700 megawatt-hours, while the desalination plant can process up to 37 million litres per day, it added.

The contract follows an independent public-private partnership model, covering the design, construction and operation of the utility systems.

The project will "help drive sustainable economic development" to Amaala, said Mohamed Al Ramahi, chief executive of Masdar.

“Saudi Arabia is a key strategic market for Masdar and as a leading renewable energy company and long-standing partner, we are committed to playing an important role in supporting the country’s Vision 2030 Strategy,” he said.

  • Interactive artwork, One Two Three Swing!, by Superflex, at Desert X AlUla 2020. Photo: Conor McCann and Paris Verra
    Interactive artwork, One Two Three Swing!, by Superflex, at Desert X AlUla 2020. Photo: Conor McCann and Paris Verra
  • Maraya reflects the spectacular landscape and unmatched heritage of AlUla. Photo: Fayez Nureldine/ AFP / Getty Images
    Maraya reflects the spectacular landscape and unmatched heritage of AlUla. Photo: Fayez Nureldine/ AFP / Getty Images
  • Appreciating the terrain of AlUla from a different perspective. Photo: Royal Commission for AlUla
    Appreciating the terrain of AlUla from a different perspective. Photo: Royal Commission for AlUla
  • The Tomb of Lihyan Son of Kuza, Hegra’s largest tomb, is approximately 21 metres tall. Photo: Leo Morgan / Alamy Stock Photo
    The Tomb of Lihyan Son of Kuza, Hegra’s largest tomb, is approximately 21 metres tall. Photo: Leo Morgan / Alamy Stock Photo
  • Illustrated map of AlUla. Photo: Amy Elena Nash / Assouline
    Illustrated map of AlUla. Photo: Amy Elena Nash / Assouline
  • Overlooking the pool, Tama at Habitas serves dishes prepared with local ingredients and spices. Photo: Habitas AlUla / Kleinjan Groenewald
    Overlooking the pool, Tama at Habitas serves dishes prepared with local ingredients and spices. Photo: Habitas AlUla / Kleinjan Groenewald
  • Habitas AlUla hosts performances by local percussionists, who share the art of traditional folklore drum circles. Photo: Habitas AlUla / Kleinjan Groenewald
    Habitas AlUla hosts performances by local percussionists, who share the art of traditional folklore drum circles. Photo: Habitas AlUla / Kleinjan Groenewald
  • A polo match at AlUla Habitas. Photo: Sam Churchill
    A polo match at AlUla Habitas. Photo: Sam Churchill
  • Canyon Villa at Habitas AlUla, nestled in the Ashar Valley. Photo: Kleinjan Groenewald / Habitas AlUla
    Canyon Villa at Habitas AlUla, nestled in the Ashar Valley. Photo: Kleinjan Groenewald / Habitas AlUla
  • The citrus grown in the AlUla Oasis includes Helou lemons, Jaffa oranges, Succari oranges, torounge, Boussora oranges and clementines. Photo: Royal Commission for AlUla
    The citrus grown in the AlUla Oasis includes Helou lemons, Jaffa oranges, Succari oranges, torounge, Boussora oranges and clementines. Photo: Royal Commission for AlUla
  • Colourful hot-air balloons dot AlUla’s skies during Winter at Tantora. Photo: Royal Commission for AlUla
    Colourful hot-air balloons dot AlUla’s skies during Winter at Tantora. Photo: Royal Commission for AlUla
  • Rashed AlShashai’s A Concise Passage, on display at Desert X AlUla 2020, allowed viewers to enter the artwork. Photo: Lance Gerber / Desert X AlUla
    Rashed AlShashai’s A Concise Passage, on display at Desert X AlUla 2020, allowed viewers to enter the artwork. Photo: Lance Gerber / Desert X AlUla
  • Delicious spread at AlNakheel Cafe in Old Town AlUla. Photo: Royal Commission for AlUla
    Delicious spread at AlNakheel Cafe in Old Town AlUla. Photo: Royal Commission for AlUla
  • The archaeological site of Hegra has existed nearly undisturbed for 2,000 years. Photo: Tuul and Bruno Morandi / Alamy Stock Photo
    The archaeological site of Hegra has existed nearly undisturbed for 2,000 years. Photo: Tuul and Bruno Morandi / Alamy Stock Photo
  • The orange trees benefit from the shade of the palm trees, allowing them to flourish. Photo: Royal Commission for AlUla
    The orange trees benefit from the shade of the palm trees, allowing them to flourish. Photo: Royal Commission for AlUla
  • A visit to the AlUla Old Town Market is to step back in time a thousand years, to the days of merchants and the historic trade routes. Photo: Royal Commission for AlUla
    A visit to the AlUla Old Town Market is to step back in time a thousand years, to the days of merchants and the historic trade routes. Photo: Royal Commission for AlUla
  • Quaint haven among rows of palms. Photo: Royal Commission for AlUla
    Quaint haven among rows of palms. Photo: Royal Commission for AlUla

Last year, Masdar opened a new office in Riyadh to manage projects that are part of the kingdom’s plan to boost renewable energy capacity by 2030.

Masdar aims to expand its capacity to at least 100 gigawatts of renewable energy by the end of the decade. The company is active in more than 40 countries and has invested in or committed to projects worth more than $30 billion.

The world’s biggest oil exporter aims to generate 50 per cent of its electricity from clean energy sources by the end of the decade and plans to invest more than $180 billion to cut its carbon emissions to net zero by 2060.

“With more than 90 per cent of its electricity production decarbonised, the EDF group is pursuing its ambition to contribute to reach carbon neutrality by 2050,” said Beatrice Buffon, group executive vice president in charge of EDF’s International Division.

“Our objective is to continue to be a key player in the development of innovative, fully resilient and net-zero electrical systems.”

  • Plans for a new Four Seasons Resort at The Red Sea, Saudi Arabia, have been revealed. All photos: Four Seasons
    Plans for a new Four Seasons Resort at The Red Sea, Saudi Arabia, have been revealed. All photos: Four Seasons
  • Designed by Foster+Partners, the resort will be located on Shura Island, the main hub of the destination
    Designed by Foster+Partners, the resort will be located on Shura Island, the main hub of the destination
  • There will be three lagoon-like swimming pools and separate beaches for adults and families
    There will be three lagoon-like swimming pools and separate beaches for adults and families
  • All 149 rooms and suites will offer views of the island's shoreline
    All 149 rooms and suites will offer views of the island's shoreline
  • The resort will have six restaurants and lounges
    The resort will have six restaurants and lounges
  • It will be surrounded by landscape grounds
    It will be surrounded by landscape grounds
Brief scores:

Toss: South Africa, chose to field

Pakistan: 177 & 294

South Africa: 431 & 43-1

Man of the Match: Faf du Plessis (South Africa)

Series: South Africa lead three-match series 2-0

Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence. 

Asia Cup Qualifier

Final
UAE v Hong Kong

TV:
Live on OSN Cricket HD. Coverage starts at 5.30am

How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
“When eating nigiri, you must dip the fish – not the rice – in soy sauce, otherwise the rice will collapse. Also, don’t use too much soy sauce or it will make you thirsty. For sushi rolls, dip a little of the rice-covered roll lightly in soy sauce and eat in one bite.
“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
“The ginger should be eaten separately as a palette cleanser and used to clear the mouth when switching between different pieces of fish.”

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All the Money in the World

Director: Ridley Scott

Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer

Four stars

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

If you go

The flights

Emirates flies from Dubai to Seattle from Dh5,555 return, including taxes. Portland is a 260 km drive from Seattle and Emirates offers codeshare flights to Portland with its partner Alaska Airlines.

The car

Hertz (www.hertz.ae) offers compact car rental from about $300 per week, including taxes. Emirates Skywards members can earn points on their car hire through Hertz.

Parks and accommodation

For information on Crater Lake National Park, visit www.nps.gov/crla/index.htm . Because of the altitude, large parts of the park are closed in winter due to snow. While the park’s summer season is May 22-October 31, typically, the full loop of the Rim Drive is only possible from late July until the end of October. Entry costs $25 per car for a day. For accommodation, see www.travelcraterlake.com. For information on Umpqua Hot Springs, see www.fs.usda.gov and https://soakoregon.com/umpqua-hot-springs/. For Bend, see https://www.visitbend.com/.

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Updated: September 11, 2023, 12:00 PM