Logo of Red Sea International Co.
Red Sea International Co. announced that its subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a subcontract worth SAR 352.6 million (excluding VAT) with Salini Saudi Arabia Co. to execute mechanical, electrical, and plumbing (MEP) works for a project in Diriyah. 
In a statement to Tadawul, the company said the subcontract runs for 454 days.
The scope of work includes supplying, installing, testing and commissioning all mechanical, electrical and plumbing works, as well as related engineering works assigned to First Fix.
The financial impact of the project is expected to start showing in Q2 2026, the statement added.
Logo of Red Sea International Co.
Red Sea International Co. announced that its subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a subcontract worth SAR 352.6 million (excluding VAT) with Salini Saudi Arabia Co. to execute mechanical, electrical, and plumbing (MEP) works for a project in Diriyah.
In a statement to Tadawul, the company said the subcontract runs for 454 days.
The scope of work includes supplying, installing, testing and commissioning all mechanical, electrical and plumbing works, as well as related engineering works assigned to First Fix.
The financial impact of the project is expected to start showing in Q2 2026, the statement added.
