Kuwait-Mubasher: Arabi Group Holdings said that Arabi Enertech, a 73%-owned subsidiary, has won the lowest bids in a tender worth KWD 8.9 million ($29.47 million), according to a statement issued Thursday.
The tender is offered by Kuwait Oil Company (KOC), covering five years duration period.
Arabi stock ended Thursday’s session rising 3.4% to 61 fils, after about 130,830 shares were traded with avalue worth about KWD 7,850.
