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Saudi Likes News™ > Blog > Saudi Arabia > Marassi Red Sea: An Egyptian-Saudi Partnership
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Marassi Red Sea: An Egyptian-Saudi Partnership

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Last updated: September 28, 2025 3:19 pm
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Published: September 28, 2025
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On the evening of September 7, 2025, Cairo announced the start of the Saudi-Emirate collaboration, known as the ‘Marassi Red Sea’ project, in the presence of the Prime Minister.

This declaration is more than just a formality; it is a commitment to build a contemporary, large tourist city that reimagines the connections between opportunity and community, investors and destination, and destination and community.

Red Sea Marassi: 900 Billion!

Marassi Red Sea is notable for its unheard-of scope and funding approach. It has invested more than 900 billion Egyptian pounds, or around $18.5…



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