The Milestones along the Red Sea Housing Journey

The Journey Begins.
1967

 

Founded in 1967 by H.E. Abdullah Al-Dabbagh in Jeddah, Kingdom of Saudi Arabia, the company was originally known by the name “Red Sea Office for Trade and Marketing

Pioneers in the housing industry
1976

 

Established early roots in the manufactured housing industry by importing units from the United States of America

Production begins
1983

 

Commenced production from the first manufacturing plant in Jeddah, Kingdom of Saudi Arabia

Roll out through the middle east
1991

 

Opened manufacturing plant in Jubail, Kingdom of Saudi Arabia

Expansion in the middle east
1998

 

Completed manufacturing plant in Dubai, United Arab Emirates

New manufacturing centre in west africa opens
2005

 

Entered West Africa with manufacturing plant in Accra, Ghana

IPO and opening of new branch offices
2006

 

Listed on Tadawul, Saudi Stock Exchange; opened branch offices in Algeria, Nigeria and Qatar

Expanded across the world with multiple branches
2009

 

Opened new office in Libya and a branch in Papua New Guinea

Continued expansion
2013

 

Entered regions with new branch offices in Mozambique and Oman

Joint venture secured
2013

 

Entered into joint venture agreement with Sherwin-Williams

Market entry to australasia
2014

 

Entered the region of Australia with new branch offices in Brisbane

Launch of company’s affordable housing division
2015

 

Formed partnership with Direcional Engenharia

Further geographic expansion
2015

 

Geographic expansion through setups in South East Asia and North America

Acquisition to Strengthen Southeast Asian footprint
2016

 

Catalyzed the expansion into the Southeast Asian market with acquisition of Malaysia’s AM Modular

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