Mubasher: Al Imtiaz Investment Group announced that its 50.69%-owned subsidiary has signed a contract to increasing the number of working people for a total value of KWD 3.1 million ($10.2 million).
The contract has a duration of 47 months, according to a bourse statement on Tuesday.
Al Imtiaz noted that a profit margin from 3% to 5% of the contract’s value is expected to be realised, however, this percentage is not fixed and can be changed.
At the stock level, Al Imtiaz closed Tuesday’s session at 129 fils.
