Wednesday 27 July 2016
 
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Red Sea Housing

Red Sea Housing buys Malaysia prefab buildings firm

Saudi Arabia's Red Sea Housing Services has announced the acquisition of AM Modular, Malaysia, a leading designer and manufacturer of prefabricated modular buildings. The acquisition is Red Sea Housing Services’ first of

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Red Sea Housing wins deal for mega Qatar complex

Saudi-based Red Sea Housing Services Company (RSHS) said it has been awarded a QR144-million ($39.5 million) contract to build an integrated accommodations facility in Qatar. As per the deal awarded by Daruna for Real Estate Broke

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Red Sea Housing appoints new CFO

Saudi-based Red Sea Housing Services Company (RSHS), a leader in modular housing solutions, has appointed Prabhakar Kesavan, an industry veteran, as its new chief financial officer. In his new role, Kesavan will oversee the financ

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Saudi RSH partners with Brazilian developer

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.

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Red Sea Housing net income up 16pc

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. With

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RSH to build homes in Papua New Guinea

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. Red Se

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Red Sea to build labour camps in KAEC

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

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Red Sea Housing to build $22m plant in KAEC

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

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Red Sea Housing Q4 profit triples to $8.75m

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. Ac

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Red Sea Housing Q2 income up 22pc

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

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