Sea Gulf to develop 16,000 units in Khafji

Al Khaleej Gulf Real Estate Development Company has announced its plans to construct approximately 16,000 residential units and 1,400 hotel rooms in its new project in Al Khafji. The development will span around 20 square kilometers along a 10-kilometer-long waterfront near the Saudi-Kuwaiti border. The project's goal is to transform the area into a tourism and residential destination, featuring a marina capable of accommodating around 390 yachts, as part of a long-term investment extending until 2040. The company will lead the implementation, involving the private sector in later stages to capitalize on investment opportunities in contracting, retail, tourism, and hospitality, with the aim of supporting the local economy and creating new job opportunities in the region.

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