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FinancialNews


  • 10-09-13

    King Abdullah Economic City gives USD22.7 m contract to RSHS

    (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.

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