RIYADH: The Red Sea Development Co. has appointed two members to its 10-member global advisory board. The new appointees are Mohamed Waheed Hasan, former president of the Maldives and Horst Schulze, co-founder of the Ritz-Carlton and the chairman and CEO of Capella Hotels, the company announced through its official Twitter account. TRSDC, the executing company of the Red Sea Project, is one of the most ambitious tourism projects in the world.