Tag: Red Sea International

Saudi developer Red Sea International plans $75m rights issue to fund expansion

RIYADH: Saudi construction firm Red Sea International Co. plans to raise SR280 million ($74.6 million) through a rights issue to support expansion, strengthen working...

Red Sea International subsidiary obtains $53mln credit line

Red Sea International’s subsidiary, The Fundamental Installation for Electric Work Co (First Fix), has secured a banking facility with Saudi National Bank for financing...

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