Saudi Arabia-based Red Sea Housing Services Company (RSH) said it has reached a strategic alliance with Direcional Engenharia, a Brazilian developer, to provide affordable housing solutions for the kingdom's rapidly expanding population.
Saudi Arabia-based Red Sea Housing Services Company (RSH) has registered a 16.6 per cent growth in its net income for the nine-month period which hit SR127.4 million ($34 million) compared to SR109.3 ($29 million) last year.
Saudi Arabia-based Red Sea Housing Services (RSH) Company recently signed a SR75 million ($20 million) contract Papua New Guinea (PNG) for the construction of housing units for the local police in Bomana area, Port Moresby.
Saudi Arabia’s Red Sea Housing Services recently received approval from the Economic Cities Authority (ECA) to begin construction of labour camps in King Abdullah Economic City (KAEC).
Mohammed Othman Mal
Red Sea Housing Services Company (RSH), a modular housing solutions provider, plans to build a $22.65 million prefabricated housing manufacturing facility in King Abdullah Economic City (KAEC).
The 193,000 sq m facility, the compa
Red Sea Housing Services, a leader in modular housing solutions, has posted a net income of SR32.87 million ($8.75 million) for the fourth quarter of 2012, against SR10.89 million in Q4 2011, making an increase of 201 per cent.
Saudi-based Red Sea Housing Services (RSH), a leading provider of remote site housing solutions, said its operating income for the second quarter jumped 22.9 per cent when compared to the same period last year.
Announcing the results on Sa
Red Sea Housing Services board of directors are set to make a recommendation to distribute a dividend of 20 per cent.
Red Sea Housing, a global leader in the manufacture of modular buildings in the Middle East, Africa and Asia, has announc
Red Sea Housing Company has posted total revenues of SR690.2 million ($184.4 million) for the 12-month period ending December 31, 2007.
This compares with the SR388.3 million it earned for the nine-month period ending December 31, 20