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Red Sea International's subsidiary wins $94 million subcontract for MEP works in Diriyah.

Jun 23, 2026

Contract Type

contract

RiyadhConstructionBuilding MaintenanceBuilding MaterialCivil Engineering

Description

Red Sea International Company's subsidiary, First Fix, has signed a $94 million subcontract with Salini Saudi Arabia to execute mechanical, electrical, and plumbing works in Diriyah. The subcontract will last for 454 days and involves extensive MEP engineering works.

Company Information

Company

Red Sea International

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Red Sea International (RSI), is known for its strong record and international expertise. As a Saudi Public Joint Stock listed company, we are known for resilient leadership and global reach. Where quality has no compromise, we are delivering leading-edge integrated engineering technology and seamless solutions. Committed to fostering best practices, we are pushing forward quality and safety standards, providing value for our shareholders and people. Rooted in the ethical business model of the Omnipreneurship ecosystem, we embrace an inclusive culture and open working environment with a responsible approach towards innovation, continuing to evolve the future of our sector to build better communities for society.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.