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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
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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