Saudi Arabia’s Public Investment Fund, which is among the largest sovereign wealth funds in the world — announced its plans for launching a tourism project “THE RIG”, on 16th October 2021. It will take the form of a resort and theme park built on an oil rig platform located in the Arabian Gulf.
The 150,000 square meter resort will boast three hotels, multiple helipads, 11 restaurants, 800 rooms, a roller coaster, a Ferris wheel, a water slide, and a go-cart arena. Tourists will be able to...