Kingdom Holding Opens Four Seasons Resort at Shura Island

KINGDOM

KINGDOM

4280.SA

0.00

On May 20, 2026, Kingdom Holding Company announced that the Four Seasons Resort and Residences at Shura Island, The Red Sea has commenced operations and welcomed its first guests. This resort is developed through a joint venture with Red Sea Global Company, as previously announced on October 24, 2023. The milestone aligns with the company's strategy of deploying long-term capital into Saudi Arabia's hospitality and tourism sector in support of Saudi Vision 2030, with no new financial impact arising from this operational update.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95566&anCat=1&cs=4280&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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