Saudi RSI FF

Saudi Arabia: Loss-making Red Sea International buys into profitable rival


Issue 1172 - 20 Jun 2023 | 1 minute read

Saudi Stock Exchange (Tadawul)-listed Red Sea International (RSI) has bought a 51% stake in Jeddah-based construction company First Fix for SR544.1m ($145m).

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.

Register

Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.


View a selection of Free articles

Explore subscription options

Follow us on Google News