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Saudi Red Sea Authority (SRSA) · Press Release

Saudi Red Sea Authority and NEOM Sign MoU

الهيئة السعودية للبحر الأحمر وشركة نيوم توقعان مذكرة تفاهم

No action neededAwareness

On 3 May 2024, the Saudi Red Sea Authority (SRSA) signed a memorandum of understanding with NEOM to collaborate on developing legislation, regulations, and technology in marine tourism, signed by SRSA Acting CEO Mohammed Al-Nasser and NEOM CEO Nadhmi Al-Nasr. The agreement covers supporting investment opportunities in coastal tourism and water activities, including assistance to small and medium enterprises, and planning and implementing other joint initiatives agreed upon by the two parties.

PublishedDate unconfirmed
Effective
GazetteNot gazetted
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