Wednesday 23 April 2014
Red Sea Housing Services

Red Sea Housing plans $160m share capital boost

Saudi-based Red Sea Housing Services Company said it has won approval from shareholders to increase its share capital by 50 per cent  to SR600 million ($160 million) from SR400 million. This will be done through the distribut


Red Sea Housing net profit up 75pc

Red Sea Housing Services Company (RSH), a provider of quality industrial housing solutions, has reported a 25 per cent jump in its net profit for the first nine months which rose to SR109.26 million ($29.1 million) compared to SR87.56 million la


Red Sea Housing wins $19m Saudi contract

Saudi-based Red Sea Housing Services Company said it has been awarded a SR74 million (19.7 million) contract by GS Engineering Company to build camps for its employees in Rabigh area. GS Engineering had recently won a contract fro


Red Sea Housing wins deal

Red Sea Housing Services announced their successful win of an SR88 million contract from Kellogg Brown & Root for the construction of a 450-man camp complete with offices, warehouse and workshop facilities. The contract is for buildin

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