Red Sea International

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

SIB profit up 9%

Higher income from financing and investment drive growth.

  • Etihad Airways will launch a year-round service between Abu Dhabi and Saudi Arabia's Red Sea International Airport in October, expanding air connectivity to the kingdom's emerging tourism destination. The airline will operate one weekly flight from Zayed International Airport to Red Sea International Airport every Sunday from Oct. 4, adding...

  • RSI buys stake in First Fix

    The company acquires 51 percent stake in First Fix.

  • Red Sea signs $19.49m deal

    It is a seven-year extension contract with Schlumberger.

  • Red Sea International appoints Khalid Fagih as MD and CEO

    RSI banking on Khalid's 26-year track record to catapult its operations by developing products and services, improving performance Company had won two contracts in the massive US$500-billion NEOM project in 2020   The Red Sea International (RSI), a leader in offsite modular production and assembly, has appointed industry veteran Khalid...