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FINANCIAL NEWS
King Abdullah Economic City gives USD22.7 m contract to RSHS
10 Sep 2013
(MENAFN) King Abdullah Economic City (KAEC) signed a contract with the Red Sea Housing Services (RSHS) to establish a plant worth about USD22.7 million in Rabigh, according to Arab News.
RSHS commented: “We finished the proceedings today and acquired a 193,000 square meter land within the industrial zone of KAEC and agreed that it will be leased 20 years from now.”
The company announced that the constructing of the new project will begin in the second half of the current year.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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