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Business Daily

John Pagano: The CEO trying to grow Saudi tourism

Business Daily

BBC

News, Business

4.4796 Ratings

🗓️ 12 December 2025

⏱️ 22 minutes

🧾️ Download transcript

Summary

We meet the real estate developer who’s been tasked with turning Saudi Arabia into a global tourism hub.

It is part of Crown Prince Mohammed bin Salman’s vision for the Kingdom, diversifying the economy away from oil.

Red Sea Global CEO John Pagano has managed massive development projects including London's Canary Wharf, a luxury holiday resort in the Bahamas, and now, a tourism mega project on Saudi Arabia's Red Sea Coast. We hear about his career to date and why he likes an ambitious project. This is his biggest yet - can he pull it off?

Presenter: Leanna Byrne Producer: Elisabeth Mahy Additional production: Niamh McDermott

(Photo: John Pagano, CEO of Red Sea Global. Credit: Red Sea Global)

Transcript

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0:00.0

BBC Sounds, Music, radio, podcasts.

0:07.0

Hi, I'm Leanna Byrne, and you're listening to Business Daily on the BBC World Service.

0:12.6

Today we meet a globe-trotting developer whose transformed landscapes into multi-billiondollar financial hubs and tourism destinations.

0:23.1

We hear about his journey in business from delivering newspapers

0:26.3

and clearing tables in a restaurant at weekends as a student.

0:29.8

I think it's part of my makeup.

0:31.9

I always aspire to do better.

0:33.8

So I started as a busboy, then I wanted to be a waiter,

0:35.9

and then I wanted to be a cook, so I ended up in the kitchen cooking. To working for the crown prince of Saudi Arabia, building

0:42.4

luxury hotels along the Red Sea coast. And when I arrived and they took me to the West Coast

0:47.7

and along the Red Sea, I was literally astonished by what I saw. That's Red Sea Global CEO,

0:59.0

John Pagano, my guest today on Business Daily from the BBC. Born in Canada to Italian immigrant parents,

1:09.0

John Pagano developed a love for work from an early age.

1:13.2

I say I came from humble beginnings.

1:14.7

My parents were immigrants to Canada.

1:17.6

They left Italy in the 50s to find a new world

1:21.8

and new opportunities.

1:23.4

Italy was not doing so well back then.

1:25.3

So, you know, they worked hard.

1:27.1

They put me through school. And, uh,

1:30.1

I was always active as a kid. I wanted to work. So I started with a paper route when I was eight.

1:36.9

If you want to get that granular. You know, my first job was a, I worked in a restaurant as a busboy.

...

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