Theredsea.com
Registered in 1999, same owner

Contact us at domains@domainsnext.com  using your company email address. No Gmail addresses will be responded to.  You must also identify yourself and your position in the company.  The domain name is sold principal to principal.  Priority will be given to the most qualified buyer.

TheRedSea.com is a geo domain which commands a very high price.  Similar domain names sold:

China.com       $11,700,000
Israel.com         $5,880,000
Korea.com         $5,000,000
California.com    $3,000,000
England.com      $2,000,000
Russia.com        $1,500,000

 It is one of the top 100 valuable domain names. It is where billions of dollars are spent by many countries.