Red Sea International Company (Red Sea International Co.) Aktie

Red Sea International Company, together with its subsidiaries, purchases, develops, sells, and leases lands and real estate properties in the Kingdom of Saudi Arabia, the United Arab Emirates, and internationally. The company operates through three segments: General Construction; Nonconcrete Residential and Commercial Buildings; and Facility Management and Rental of Investment Properties. It manufactures modular buildings, including retail, hospitality, education, health, commercial, and residential buildings; designs, plans, produces, manages, leases, and operates housing projects; offers on-site facilities management services, such as catering, security, and laundry; and produces and distributes paint and coating products. The company also designs and manufactures in-house service utilities comprising power generator and fire suppression acoustic enclosures, water and sewage treatment plants, fuel and water storage tanks, electrical panels, cabling, water supply, and drainage piping. In addition, it provides engineering and design; camp operations and maintenance; power generation; communication services; infrastructural works; furnishing; hospitality and catering; laundry and pressing; project logistics; multiple contracting and commercial models; and turnkey solutions. Further, the company is involved in electrical, utilities, and civil works; lighting; fiber optic; information technology; maintenance and repair of electrical installations, as well as telephone networks; manufacturing and sale of non-concrete residential and commercial units; and trade of food products. It serves the oil and gas, infrastructure, government, building and construction, mining, defense, offshore, and manufacturing sectors. The company was founded in 1967 and is based in Riyadh, the Kingdom of Saudi Arabia. Red Sea International Company operates as a subsidiary of Al Dabbagh Group Holding Company Limited.