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Home » Elegancia Arabia Secures Two Additional Mep Projects On Al Shura Island
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Elegancia Arabia Secures Two Additional Mep Projects On Al Shura Island

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Estithmar Holding QPSC announced that its subsidiary in the Kingdom of Saudi Arabia“Elegancia Arabia Trading Company,” has been awarded two new MEP package works for the West Hotel 3 and 4 (200 keys each), in addition to the ongoing MEP package works for the Central Hotel (430 keys), and two hotels on the East side of the island (150 and 180 keys) in Al Shura Development.

These premium resorts are part of the 11 underway on the main hub island of The Red Sea destination under development in the Kingdom of Saudi Arabia and holds LEED platinum rating and features a built-up area of 88,269 sqm., marking this one of the largest developments in the Kingdom and a flag bearer for regenerative tourism worldwide.

Elegancia Arabia Trading Company is committed to adopting innovative, energy-efficient, and environmentally friendly solutions throughout our performance of the awarded MEP package works, aligned with industry-leading guidance in the Energy and Environmental Design LEED certification.

Red Sea Global continues to set new standards as it contributes to the Kingdom’s focus on sustainability, evident in the work of the Saudi Green Initiative and in-built into the goals of Vision 2030. The ongoing construction works, underpinned by a regenerative approach to tourism development, are a critical part of building the Red Sea Global legacy and supporting the delivery of the Saudi Vision 2030.

This necessitates experienced partners, who share same vision for choosing to do better and challenging the status quo of the business-as-usual approach.

At this juncture, Elegancia Arabia Trading Company and parent Group Estithmar Holding Q.P.S.C (Qatar) are delighted to have the opportunity to play our part in the delivery of this unique development, creating a new gateway to explore the rich diversity and fabled hospitality of the Kingdom.

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Foloosi Secures CBUAE In-Principle Approval, Accelerates Vision to Build the UAE’s AI-Native Payment Infrastructure

ABU DHABI, UNITED ARAB EMIRATES — 16 September 2026 — Foloosi, a UAE-born payments technology…

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Foloosi Secures CBUAE In-Principle Approval, Accelerates Vision to Build the UAE’s AI-Native Payment Infrastructure

GCC electricity and water integration is a strategic priority, says Secretary-General Albudaiwi

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