Case Study: Red Sea Construction and Development achieves global growth and faster operations with Oracle Cloud

With Oracle Cloud, Red Sea builds a foundation for growth

Red Sea Construction and Development, a major construction arm of Orascom Development, needed to modernize its finance, project management, and HR systems to support rapid international growth and better manage complex inventories and supply chains. The company wanted a more automated, integrated platform with improved visibility and faster decision-making, and it chose Oracle Cloud, including Oracle Cloud ERP, Oracle Cloud HCM, and Oracle Cloud SCM.

Oracle implemented a full back-office cloud solution that gave Red Sea a single source of truth across procurement, supply chain, finance, and HCM. The results included a 70% reduction in finance close time, fewer people needed to complete finance tasks, improved inventory tracking from request to delivery and payment, and better collaboration and security across the business.

Red Sea Construction and Development

Ramy Anwar

Director of Information Technology